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ORIENTAL COPPER NEWS & UPDATE

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Oriental Copper is working tirelessly to reduce and limit the impact of rising external costs, especially energy, which account for a significant part of our overall production costs.

Despite continuous improvement activities and numerous productivity initiatives, Oriental Copper still faces huge cost increases which have forced us to announce a general 5% increase to our current fabrication price across all business areas, effective 01st June 2013, or in line with the expiration date of annual price contracts.

We would like to express our sincere thanks and appreciation to all our loyal Customers and business partners for their continued business, ongoing support and understanding at this time.