Thursday, August 28, 2014

Mongolia Becomes 3rd Largest Supplier of China Copper Conc. Imports

SHANGHAI, Aug. 28 (SMM) – Mongolia exported 108,200 tonnes of copper concentrate during July, up 124.17% year-on-year, Ulaan Baatar Post reported Aug. 27.

Such exports, accounting for 12% of China’s total imports, helped Mongolia become the third largest supplier of China’s ore imports in July, the newspaper cited China Customs data as saying.

During the first seven months of 2014, outbound shipments of copper concentrate to China from Mongolia registered a 56.5% year-on-year growth to total 461,360 tonnes, ranking 5 among all suppliers, it added.

In addition, Mongolia also exported 13,900 tonnes of zinc concentrate during Jan.-Jul. period.

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