Cooper Prices Up again



All metals like Copper, Aluminum, Nikel, Silver and etc............ Its' prices will go up and down depend on the market and resources. Recently China export alot of electrical and electronic items, thus the demand is very High!!!!!!!!!!!
william fu
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us:

Except that he is talking about cooper prices.
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There was an interesting interview with a director of one of the large mining companies yesterday on the BBC World Service. He was talking about some of the issues that are affecting his industry, largely as a consequence of the extremely rapid increase in demand of metal ores for growth in China. In some cases this has gone up by 10-fold in 4 years. The industries which supply the mining companies with equipment just cannot ramp up like that with no warning. For example, there is currently a very serious world shortage of the giant tyres used on large mining trucks, cranes, diggers, etc. His company gets through 6,000 such tyres a year. This is such an issue for them that in a move to try and get some extra life out of their tyres, they have recently resurfaced all the roadways in their mines.
Sorry, I didn't catch the name of the guy or his company, but the issues he was raising were apparently industry-wide.
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Andrew Gabriel
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