Group 1 - Mercuria Energy Trading and Eurasian Resources Group (ERG) have agreed on a three-year copper supply agreement, with Mercuria prepaying up to $100 million to ERG [1] - ERG will supply copper from its mines in the Democratic Republic of Congo, which currently produce nearly 140,000 tons of copper annually, primarily for the power and construction industries [1] - The agreement signifies an important step in deepening collaboration with global partners, according to ERG's CEO Shukhrat Ibragimov [1] Group 2 - The copper supply agreement is expected to enhance ERG's asset development in the Democratic Republic of Congo, which is increasingly significant for Mercuria [1] - The specific annual copper delivery quantities from ERG to Mercuria have not been disclosed [1] - China's copper industry faces three major challenges: rising dependence on foreign upstream resources, excess capacity in the midstream processing sector, and suppressed downstream demand due to high copper prices [1]
摩科瑞和ERG达成1亿美元铜供应协议
Wen Hua Cai Jing·2025-10-31 02:09