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China Copper Giant Cuts Output as Power Squeeze Hits Acid Sales

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A major Chinese copper producer has deepened output cuts as the country’s power curbs threaten demand for a key by-product of making metal.

Tongling Nonferrous Metals Group Co. has been running at 80% of its 1.4 million tons of annualized copper capacity since the middle of last week, according to people with knowledge of operations who asked not to be identified because the information isn’t public. 

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