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China Copper Industry Faces Tight Supplies
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China's copper industry faces tight raw material supplies due to the closure of a major copper mine in Panama, prompting major metal producers to cut production and postpone new projects to avoid excess capacity in the smelting industry. China's refined copper output reached a record high in 2023, but a cautious expansion approach is recommended.
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How could the tight raw material supplies affect other industries or enterprises reliant on copper?
How might the closure of the major copper mine in Panama impact global copper prices and supply chains?
What are the potential long-term implications of China's cautious approach to expansion in the copper industry?
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