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Copper

Copper is one of the metals that human beings are most familiar with as it had been closely related to our livelihood and lifestyle from the time immortal. It is used most widely in overall aspects of diverse industries including various metal industries and electrical industry due to its outstanding malleability and ductility.

The total annual consumption of copper throughout the world is approximately 20 million tons with China consuming the largest proportion of this at approximately 9 million tons per annum. The annual consumption of copper in Korea is approximately 720,000 tons. The consumption of copper has shown a trend of continued increase over the last 5 years and copper is a mineral for which stable demand is guaranteed in the future due to its close relationship with industries and the essential properties only of copper.

Our company has been making investments in and developing the Musoshi Mine in the Democratic Republic of Congo with continued interest in copper since the end of 2009. Given the characteristics of the Musoshi Mine, which used to be an operating mine in the past, sufficient reserve is guaranteed. It will provide a new momentum to our resources development business upon completion of the development of this mine.

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