[Ferro-Alloys.com]It's reported that according to data released by the Chilean National Copper Corporation, in 2012 Chile's copper price in 2012 is US$3.61/lb., increased by 9 cents compared with previous estimation.

In the long run, copper price will be still in optimistic trend, fluctuating between USD2.8-3/lb.

The total output of 2012 is expected to reach 5.4 million tons, an increase of 50,000 tons over 2011. And it's also expected to grow by 2.4% by 2013.

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