Base Metals - Copper prices increase yet again
Copper prices were further propelled higher as Rio Tinto (RIO) downgraded full year copper production to 460-480,000 tonnes (t) from 500-550,000 t owing to a variety of issues at Escondida, Kennecott and Oyu Tolgoi. Copper was also supported by optimism over the Chinese party congress and continuing hopes for electric vehicles.Glencore is engaged as a natural resource companies. Co. is organized and operates on a worldwide basis in three main business segments: Metals and minerals, which comprised of zinc, copper, lead, alumina, aluminium, ferroalloys, nickel, cobalt and iron ore; Energy products, which comprised of crude oil, oil products, steam coal and metallurgical coal; and Agricultural products, which comprised of wheat, corn, canola, barley, rice, oil seeds, meals, edible oils, biofuels, cotton and sugar supported by investments in storage, handling, processing and port facilities.
Whitman Howard is an independent institutional stockbroking and investment banking business focused on servicing the needs of our corporate clients and institutional investor base.
The company began trading in 2011 with a team of highly experienced market professionals and the goal of building a leading capital markets business in an entrepreneurial environment.
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