China plans to increase exports of major non-ferrous metals at an annual rate of 7.5% over the next eight years, according to a publication of Ontario’s Ministry of Northern Development and Mines.
The agency overseeing metal exports would not disclose details of the plan but did say exporters will concentrate on copper, aluminum, lead, zinc, nickel, gold and silver.
The report, entitled Mines and Minerals Weekly Bulletin, noted that China is operating under a new regime based on economic activities of free-market supply and demand, not government decisions.
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