According to China’s General Administrator of Customs, the country imported 202,995 Metric Tons of refined copper for the year ending March, 2007. The demand has been strengthening for the important metal even with Government officials trying to slow the exports.
The CEO of Terra Nostra Resources Corporation stated, “The demand for copper in China is continuing to grow in tandem with its strong economic development. Local manufacturers and importers have a large gap to fill in order to feed China’s appetite for copper as a part of its ongoing industrialization, particularly for the next few years.”
Through its subsidiary, Terra Nostra is positioned in the right place to reap the great revenues produced from the copper industry in China.
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