Xiangguang to triple copper capacity

China's Xiangguang Copper plans to triple production capacity by the first half of next year as the construction of a second phase unit and upgrade projects are completed, a company official said on Thursday. Xiangguang will raise copper refining and smelting capacity to 600,000 tonnes from 200,000 tonnes, a third bigger than its original plan, making it the third biggest copper producer in the country which is the world's top consumer of the metal.
"The (new) capacity should start production in the first half of next year," a corporate affairs manager at Xiangguang, who declined to be named, told Reuters.