There is more copper in China than at any other time in history, and economic growth in the largest consumer of the metal is slowing.
This unpromising backdrop has cast a pall over the usually bullish mood at Cesco week in Santiago, the largest annual gathering of copper miners, traders, consumers and investors.
“The general mood is not good,” says Gonzalo Sánchez, vice-president for sales and marketing at Antofagasta, the Chilean copper miner.
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