MAIKE: A profile of one of the world's largest copper traders

Maike is the largest copper trading company in China, trading around 1 million tpy of copper, but also large volumes of aluminium and zinc.

It had revenues of 56 billion yuan ($9 billion) in 2011, which He said he expects to be little changed in 2012.
Profit was under 300 million yuan in 2011, but that is expected to rise to 400-500 million RMB in 2012, around half of which will come from copper.

He began...


November 22, 2012

17:45 GMT