Satellites to spy on smelters for copper traders

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LONDON: A service will launch next week for funds managers, traders, and miners that use satellites to keep copper smelters under surveillance to get quick word of when they shut down and ramp-up. Britain-based Earth-i, which specializes in geospatial data, aims to sell its SAVANT service to the finance sector since news of a major smelter going off-line or restarting can jolt the copper price.

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