| The recent growth in global copper output is unsustainable now that most of the new projects have been completed and copper prices have remained low, Freeport-McMoRan President and CEO Richard Adkerson said Tuesday.
Speaking to investors and analysts in a third-quarter conference call, Adkerson acknowledged that copper supply had risen substantially in recent years, mainly due to new production projects at mines and mills. "We were a big part of that; we had three big projects we started in the 2010 timeframe that have been completed now," he said.......................................Full Article: Source
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