our markets We mainly produce three metals through our operations around the world:
- copper concentrate at our operations in Turkey, Finland, Canada and Papua New Guinea
- zinc concentrate at our operations in Turkey and Finland
- gold doré (bullion) at our operations in Canada and Papua New Guinea
We also produce pyrite concentrate as a byproduct at our Pyhäsalmi operation in Finland.
Our focus is on base metals at our current operations and in our plans for future growth.
As at December 31, 2007.
Why base metalsBase metals play an important role in the global economy because of their wide use.
World demand for copper, for example, continues to rise. The growth of the global economy has driven the demand for copper, with investment in infrastructure and demand for electronics, household products, industrial products and automobiles.
The dramatic pace of growth in China and other developing countries has led to a rapid increase in the prices of copper and zinc in recent years. At the same time, copper production has not kept pace with demand, causing copper prices to rise. We believe that the short-term prospects for copper producers are excellent.
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