Copper miners to see profit grow further in 2018 — report

Copper miners to see profit grow further in 2018 — report

After struggling with falling copper prices since 2011, producers of the red metal are finally recording profits thanks to this year's upswing. And, according to analysts at S&P Global Market Intelligence, the miners’ profit margins are set to grow further in 2018."Copper prices are up 24% since the beginning of the year and 58% from the lowest seen in recent history — $1.96 a pound on January 2016.

Currently,electric cars add up to roughly 1 million,mining company BHP estimates, that figure,it believes coud rise to 140 million electric vehicles or 8% of the global fleet,

Copper exploit will bring wear resistant alumina ceramic liner demand in mining process, aluminium oxide ceramics can effectively protect bulk material handling equipment from wear damage.like chute,hopper,bucket,Silos, cyclone,feeder etc

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