HONG KONG Feb 5 Jiangxi Copper Co Ltd
(0358.HK) (600362.SS) said rainstorms in the southern part of
China have had a significant impact on production, affecting
production volumes in the quarter.
"Apart from Yongping copper mine, the whole or at least
half of the production activities of the copper mines of the
company in Jiangxi Province have ceased," the company said in a
statement late on Monday.
China's top integrated copper producer said its copper
smelting factory could only maintain 60 to 70 percent of
production levels while other copper processing enterprises are
operating under limited production conditions.
Jiangxi Copper said production is expected to return to
normal levels with an improvement in electricity supply and
transportation. The company accounted for 16 percent of China's
refined copper production in 2007.
For detail please see
0204359.pdf (Reporting by Donny Kwok; Editing by Valerie