Codelco Sees New China Stimulus Boosting Copper Use

Codelco, the world’s largest copper producer, forecast a recovery in demand for commodities on likely stimulus measures in China. “We expect to see healthier growth rates as we enter the new year,” Chief Executive Officer Thomas Keller said in an interview in London with Olivia Sterns. China’s new leadership will “provide important stimulus for the economy and for the mining industry at large, and copper in particular,” he said.
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08:07 - Bloomberg's Francine Lacqua and Manus Cranny report on today's "Top Headlines." They speak on Bloomberg Television's "The Pulse." (Source: Bloomberg)
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