CVRD, Phelps Dodge to finish copper project study next month

BRAZIL'S iron ore giant, CVRD, and Phelps Dodge of the United States will complete studies next month of the Sossego copper project. The partners plan to start construction of the proposed US$500 million project later this year.

Brazil, despite neighbouring some of the world's major copper producing countries, is a net importer of the metal.

loader