SOURCE: Industrial Info Resources

Industrial Info Resources

November 20, 2013 06:30 ET

Super Typhoon in Philippines Shutters PASAR's Copper Smelter, an Industrial Info News Alert

MANILA, PHILIPPINES--(Marketwired - Nov 20, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The fourth-most powerful typhoon on record has wreaked a copper-processing plant owned by Philippine Associated Smelting and Refining Corporation (PASAR) (Leyte, Philippines), the smelting subsidiary of Glencore Xstrata PLC (LSE:GLEN) (Baar, Switzerland). PASAR is scheduled to do a $600 million expansion project to raise the plant's copper smelter capacity to 1.2 million tons of concentrates per year.

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