Marubeni to Expand Cu, Al Interests in Long Term
Marubeni Corporation tries to expand nonferrous business in long term. The firm expands captive aluminium ingot from current 150,000 tonnes to 300,000-400,000 tonne level in 2013 while the copper equity increases from 60,000 tonnes to 120,000 tonnes in 2011. The firm tries to expand the resource base for future growth while the firm tries to minimize major investment in short term under recession.
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