Australian copper industry to grow 30% to 2016 says new report
According to the 73 page report ‘Copper Industry in Australia’ the Australian copper industry is forecast to grow by up to 30% to 2016.Australiais one of the world's largest copper mining countries, although its output comes just behind that ofChile,Peru, theUnited StatesandChina.Chilealone represents about one-third of global copper mine output.Australia's copper ore production is expected to be over 1.0 million tons in 2012-13. Rapid growth in industry revenue over the past 5 years has been driven by booming demand in large