Copper has been used by human beings for thousands of years and it is a component of bronze and brass alloys. The oldest finds of processed copper were discovered in Anatolia and originate from the 8th millennium B. Because of the increased distribution and use of copper, the 4th and 3rd millennia B.

Copper was initially used exclusively in its pure state, but was later used increasingly in the production of other metal alloys. Copper conducts electrical current very well and its conductivity is only surpassed by that of silver. Copper is also resistant to corrosion and can be shaped easily.

Because of these properties, today the construction industry and the electrical industry are the main areas where copper is used. The boom in the construction industry in developing and industrialised countries, such as China, is the main factor behind the demand for copper.

There are copper deposits all over the world but the most important are located in Chile and the USA, which together make up an estimated 20 per cent of world copper reserves. In recent years, however, copper has also been obtained through recycling processes. The most important trading venues for copper are the London Metal Exchange, the New York Mercantile Exchange COMEX and the Shanghai Futures Exchange.

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In its pure state copper is a hard yet easily forged heavy metal with a reddish-orange colour. Because copper has many positive physical, mechanical, chemical and biological properties it is used in a number of industrial sectors and areas of life.

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UK DE AUS ID IN MY SG PL SE. BRIEF-GE signs agreements with Kazakhstan Railways, Eni SpA GE, ENI Reuters 2h. UPDATE 2-Mexico auctions two-thirds of blocks in shallow water oil tender ENI, ECOPETROL, CNE, LKOH, FP, RDSA, REP Reuters 2d.

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Copper Prices, London Metal Exchange and COMEX copper prices, Copper news, charts, historical prices.

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UPDATE 2-Mexico auctions two-thirds of blocks in shallow water oil tender ENI, ECOPETROL, CNE, LKOH, FP, RDSA, REP. Total and Shell win block in Mexico shallow water oil auction FP, RDSA. CO2 European Emission Allowances.