South Korean stockpile to expand

Itri.com reports that South Korea plans to raise inventories for inventories of copper, tin and lithium in 2011.

The story is quoted as saying:

The agency said it would raise copper stocks to 46 days of consumption next year from this year’s 42 days, tin to 52 days from 39 days, and lithium to 70 days from 60 days. “In the medium- and long-term, we will also increase inventories of metals for which supply might be unstable,” it added, referring to copper and tin.

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