Terra Nostra share prices escalated rapidly this morning. In the past two days, shares have risen from $0.85 to $1.29 for a 52% increase.
The company is a leading copper producer in China and will have the production capacity of 170,000 MT of electrolytic copper after its current construction projects are completed. Terra Nostra also efficiently produces bullion-quality gold and silver as a manufacturing by-product, and is sourcing available scrap materials for present and future raw material requirements.
Terra Nostra is expected to benefit from China’s soaring demand for copper as it is well positioned in the industry. The Chinese Government reported a 148% increase in imports of refined copper for the year ended March 2007, which demonstrates the strong demand.
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