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Global copper smelters, led by Chile, reduced their activity last month, pointing to lower demand for the metal and growing pressures on Chile’s smelting output.
Codelco smelting rate down
Satellite surveillance by commodities broker Marex and the satellite service Earth-i in their geo-spatial product SAVANT showed reduced smelting activity in Chile as well as weak activity in China and
Falls in world smelting activity ex China
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