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

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Chile ‘s state-run copper miner Codelco is poised to improve production this year and begin to climb from its lowest dip in a quarter century, the head of Chilean copper studies center CESCO said ahead of a major industry conference that starts Monday. per pound last Friday on Chicago Mercantile Exchange. When prices hit USD 4.50

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

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The report also highlights that global copper supply may face disruptions due to issues in major producing countries like Chile , Peru, and Panama. In Chile, operational challenges and water supply issues are impacting mine production, while community actions in Peru are expected to affect mining investments and output negatively.

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Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

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In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36 The industry delivered 16.5 Data: Scotiabank.

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

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in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% million units.

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Tesla taps new glass supplier for Plaid Model S

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AGP is a Peru-based company that specializes in all types of automotive glass, but what they’ve done for Tesla is especially interesting. The company has been in business for 50 years, but just like everything else, it changes, and the automotive industry is no different. Photo: Stefan Baldauf/Auto Motor Uund Sport).

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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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Copper is the third most used industrial metal after steel and aluminium, and its demand is rising on the back of fast-growing renewable energy, telecom and electric vehicle industries. million tonnes by 2027 on the back of huge demand from the green energy industry. The number is expected to rise to 1.7 million tonnes.

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