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    Home > Chemicals Industry > Chemical Technology > SMM: In 2022, China's refined copper production capacity will be expanded by 1.08 million tons

    SMM: In 2022, China's refined copper production capacity will be expanded by 1.08 million tons

    • Last Update: 2022-11-28
    • Source: Internet
    • Author: User
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    According to SMM's forecast, global copper concentrate will increase by 1.
    1 million tons year-on-year in 2022, with the Kamoa-Kakula, Timok, Spence Phase II, Dragon Copper Mine and Grasberg underground mine projects contributing core increments
    .

    At the same time, with the lifting of the domestic energy crisis and the return of copper concentrate processing fees to a medium level, SMM expects that domestic refined copper production will gradually increase
    in the future.

    According to SMM statistics, in 2022, China's refined copper new expansion capacity will be 1.
    08 million tons, mainly due to Daye Nonferrous Metal Planned New Expansion Capacity of 400,000 Tons, Zhongtiaoshan Nonferrous Metals Group Co.
    , Ltd.
    Planning New Expansion Capacity of 180,000 Tons, Anhui Youjin Guanhua New Material Technology Co.
    , Ltd.
    Planning New Expansion Capacity of 150,000 Tons, Xinjiang Wuxin Copper Industry Planning New Expansion Capacity of 100,000 Tons, Jiangxi Copper (600362) (Qingyuan) Co.
    , Ltd.
    Planning New Expansion Capacity of 100,000 Tons
    .

    From the statistical point of view, China's refined copper smelting capacity will still maintain a high growth rate
    in 2022.

    In addition, according to Bloomberg's forecast, global copper mine production will increase significantly in 2021, and the production growth rate will remain high in 2022, with an annual production increase of about 1 million tons, slightly lower than the production growth rate in 2021
    .

    According to SMM's forecast, global copper concentrate will increase by 1.
    1 million tons year-on-year in 2022, with the Kamoa-Kakula, Timok, Spence Phase II, Dragon Copper Mine and Grasberg underground mine projects contributing core increments
    .

    copper

    At the same time, with the lifting of the domestic energy crisis and the return of copper concentrate processing fees to a medium level, SMM expects that domestic refined copper production will gradually increase
    in the future.

    According to SMM statistics, in 2022, China's refined copper new expansion capacity will be 1.
    08 million tons, mainly due to Daye Nonferrous Metal Planned New Expansion Capacity of 400,000 Tons, Zhongtiaoshan Nonferrous Metals Group Co.
    , Ltd.
    Planning New Expansion Capacity of 180,000 Tons, Anhui Youjin Guanhua New Material Technology Co.
    , Ltd.
    Planning New Expansion Capacity of 150,000 Tons, Xinjiang Wuxin Copper Industry Planning New Expansion Capacity of 100,000 Tons, Jiangxi Copper (600362) (Qingyuan) Co.
    , Ltd.
    Planning New Expansion Capacity of 100,000 Tons
    .

    From the statistical point of view, China's refined copper smelting capacity will still maintain a high growth rate
    in 2022.

    In addition, according to Bloomberg's forecast, global copper mine production will increase significantly in 2021, and the production growth rate will remain high in 2022, with an annual production increase of about 1 million tons, slightly lower than the production growth rate in 2021
    .

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