Philippines’ Atlas to raise output at copper mine
August 6th, 2009
Filed under: Mineral - Copper
MANILA, Aug 4 (Reuters) - Atlas Consolidated Mining and Development Corp (AT.PS), the Philippines’ second-largest miner, plans to increase copper concentrate production at its Toledo mine as it ships more of the concentrate to China, the company said on Tuesday.
Encouraged by higher prices, some metals producers worldwide are reopening mines and expanding capacity in anticipation of a pick-up in demand as the global economy mends.
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