1 table of contents chief executive s message key activities & achievements programme highlights communications environment regulatory affairs electricity energy financials copper development association chairman 2 3 5 market trends developments 7 8 automotive building construction alloys 9 11 13 15 17 19 access the global network 23 membership 24 eci mission european institute is a joint venture between world mining companies represented by international ltd and industry its to promote benefits modern society across europe through brussels office eleven associations in common with many commodities 2005 was year dramatically rising prices largely fuelled strong demand growth china other parts asia compared london metal exchange price 869 t 2004 up 28 684 despite this increase preliminary data from study group shows that for refined remained at around 16 million tonne same as record