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Copper output at Chile’s Codelco set to rise this year, CESCO says – ET Auto

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That goal appeared realistic, said Jorge Cantallopts, head of the Center for Copper and Mining Studies (CESCO) in Chile, the world’s top producer of the red metal. That goal appeared realistic, said Jorge Cantallopts, head of the Center for Copper and Mining Studies (CESCO) in Chile, the world’s top producer of the red metal.

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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

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Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. The Chinese government’s potential moves, including lowering the Required Reserve Ratio (RRR) for major banks, could further energize metal demand and support copper prices.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5%

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Scotia Economics report sees double-digit increase in global vehicle production in first half of 2011; China to surpass European vehicle output this year

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Rising global vehicle sales and profitability have encouraged automakers to continue to increase vehicle production, providing the global economy with some positive offset to the dampening impact of the recent surge in energy prices, according to the latest Global Auto Report released on Friday by Canada-based Scotia Economics.

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Adani Group’s USD 1.2-bn copper plant to boost India’s metal production – ET Auto

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On impact of the plant on global prices of copper concentrate, sources said more copper concentrate assets would get operational in the future as a result of India’s new exploration and auction policy. The two top producers — Chile and Peru — account for 38 per cent of world production.

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