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Biggest Copper Producers Add to Growing Mine Disruption Fear
The world’s two largest copper producers are giving metal markets even more reason to fear supply disruptions that have helped send prices to the highest in a year. Peru, the second-largest copper miner, is taking longer than expected to ramp up mines after a two-month lockdown as workers fall ill, a top official said Thursday. At the same time, workers at two mines in No. 1 producer Chile are voting on whether to strike over wages. A slower-than-expected return to full production in Peru and the possibility of labor disruptions in Chile add to supply concerns that have helped fuel a rally in copper prices and are ... (full story)