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Mangolian Copper conc. exports to China up 124% during July

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SHANGHAI (SMM): Mongolia exported 108,200 tons of copper concentrate during July, up 124.17% year-on-year, Ulaan Baatar Post reported.

Such exports, accounting for 12% of China’s total imports, helped Mongolia become the third largest supplier of China’s ore imports in July, the newspaper cited China Customs data as saying.

During the first seven months of 2014, outbound shipments of copper concentrate to China from Mongolia registered a 56.5% year-on-year growth to total 461,360 tons, ranking 5 among all suppliers, it added.

In addition, Mongolia also exported 13,900 tons of zinc concentrate during Jan.-Jul. period.

Source: Shanghai Metals Market

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