Codelco Expects Decline in Copper Cathode Shipments to China

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Codelco, the biggest copper producer, will reduce cathode shipments to China this year as the nation’s needs shift to concentrate imports.

Codelco, based in Santiago, will ship about 350,000 metric tons of copper cathode to China this year, “a few thousand tons” less than last year, Rodrigo Toro, corporate sales vice president, said in an interview in Madrid today.