China’s copper costs driven up by Maike’s woes, output glitches
China's copper buyers face higher costs for the metal this year, buyers and analysts said.
Fluor Corp said on Wednesday it won a contract from Quadra FNX Mining Ltd for work on its new Sierra Gorda copper and molybdenum project in Chile.
Fluor said it booked $1 billion for the project in the Atacama Desert in the second quarter, and its work will include providing engineering, production and construction management services for the mine’s processing plant.