11/5/2024 · The agency revised down 2024 copper consumption growth forecasts for the two largest consuming countries, China and the US, from % and % growth y
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The annual production will total 25 ktonnes of lead sulphate and 25 ktonnes of copper/zinc sulphate. The investment follows the ongoing investment of SEK 650 m in the deep repository at Rönnskär, expected to be completed by 2024. Learn more about Rönnskär
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This morning in metals news, the steel industry's capacity utilization rate fell to %, those in the copper market could use satellites to keep tabs on production stoppages and the
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The world's 10 biggest copper producers accounted for over 10 million metric tonnes (mmt) of the precious metal in 2024. The top four companies accounted for more than 60% of that total. The top 10 copper firms produced over $57 billion worth of the metal in 2024.
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Javier Targhetta, senior vice president for marketing and sales at Freeport McMoRan, said on November 19 that he thought a "reasonable" benchmark for 2024 would be $60/mt. Capacity additions at Chinese copper smelters and stable production at mines are
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Copper smelters will reduce production by more than 15% in February from the previous month. The third source, another supplier to Nanguo, said the firm had temporarily shut production but could
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KGHM Polska Miedz owns shares in 30 entities, operating in various production and service related areas. The value of the Company is significantly impacted by its telecom assets. KGHM is one of the largest Polish exporters, the largest employer in Lower Silesia, and a significant part of the WIG20 index – winner of a prestigious statuette for achievements in 2024.
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Copper mining in Arizona, a state of the United States, has been a major industry since the 19th century. In 2024 Arizona was the leading copper producing state in the US, producing 750 thousand metric tons of copper, worth a record $ billion. Arizona's copper production was 60% of the total for the United States. Copper mining also
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Chifeng Yunnan Copper's 200,000 mt/year capacity began trial operation on October 2, while Baiyin Nonferrous resumed its 200,000 mt/year project in the second half of September. SMM expects China's production of copper cathode to grow to 778,300 mt in October, %
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According to our estimates, for a tonne of primary copper production, Chinese copper smelters are producing an average of tonnes of sulphuric acid. It is critical for copper smelters to sell and ship the acid before acid storage is full, otherwise, copper production will be impacted and in
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An unprecedented expansion of Chinese copper smelting capacity has triggered lower concentrate treatment and refining charges (TC/RCs), cathode premiums and sulfuric acid prices, all key sources of smelter revenues. In a series of deals, copper miner Antofagasta signed contracts with China's two top smelters with half year terms locked in the mid $60s per tonne, close to what were annual
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Alcoa's primary aluminum production rose 5% year on year to 564,000 mt in Q1, despite unfavorable market conditions caused by the coronavirus pandemic. The Pittsburgh based aluminum producer posted a net income of $80 million on sales of $ billion in Q1, compared with a $199 million net loss on sales of $ billion in Q1 2024.
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20/6/2024 · China Hongqiao Group Ltd., the nation's biggest aluminum smelter, is curtailing outdated capacity amid a broader crackdown by the government on illegal production
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China's copper smelters have just slashed their minimum charges for converting concentrates into refined metal. The 10 member China Smelters Purchase Team (CSPT) has set treatment and refining
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ICSG is projecting that the global refined copper deficit will move into about a 280,000 tonne surplus in 2024 from a 320,000 tonne deficit in 2024, despite a reduction in refined copper production outside of
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This map and table comprise information on 124 world copper smelters (2 of which are closed and 1 of which is under development) and 4 (low grade solvent extraction electrowinning) operations whose product requires further processing to produce refined copper.
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This was always going to be a year of low or no copper mine production growth. The International Copper Study Group (ICSG) forecast minimal growth of % this year at its spring meeting in May. Even that low ball figure is looking optimistic with global production of concentrate falling 1% in the first quarter of this year, according to the group's latest monthly statistical update.
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Over the past six months, we have added several new projects to our database, with a combined production capacity of more than 1Mt of blister. The projects are Chifeng Jinfeng's 500,000t/y expansion, Chifeng Jinjian's 400,000t/y expansion, Zhongqi Copper's 100,000t/y expansion, the 100,00t/y Lingbao smelting project, Shenghai Chemical's 50,000t/y expansion and Yantai Gudrun's
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SHANGHAI, Nov 7 (SMM) – Copper raw material market has yet to see a shortage of supply, despite tightness, said Ye Jianhua, senior copper analyst at SMM, estimating a low growth rate of 2% for the global production of copper ore in 2024. China accounted for
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Through 2024 annual copper smelter production capacity might grow at an average rate of around % per year (%/yr) compared to an average capacity growth rate of almost 3%/yr in the last 5 years China is continuing to expand its smelting capacity but at a slower pace than before.
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This is a list of primary aluminium smelters in the world. Primary production is the process by which alumina is smelted to pure aluminum metal.[1] Secondary production is the process of recycling aluminum scrap into aluminum that can be used again.[2] The list is incomplete and missing some data.[3][4][5][6][7][8] This list is incomplete; you
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Dear Readers The Copper Worldwide Vol 10 No 1 FIRST QUARTER 2024 issue was published on 25 February, with features on COVID 19, scrap and e scrap, mine projects, Zijin Mining, Electrorefining trends, wire/Tube (rescheduled to 7 11 December 2024), Copper
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Copper smelters will reduce production by more than 15% in February from the previous month, Chinese research house Antaike said earlier this week, citing high stocks of byproduct sulphuric acid
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MMC has actively been seeking to participate in high quality copper projects to secure concentrate for its copper smelters. Alrosa cuts 2024 production over falling demand Company is cutting
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Read all of INN's copper focused COVID 19 coverage, plus learn how both major and junior copper companies are responding. Antofagasta produced 770,000 metric tons of copper in 2024, compared with
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10 Copper Corporation, million ounces (Moz) Southern Copper is a subsidiary of Grupo Mexico. It produced million ounces of silver in 2024, up from million ounces in 2024. Besides silver, it's also among the world's largest producers of
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From 2024 to 2024, annual copper smelter capacity is expected to grow at an average rate of around % per year China is continuing to expand its copper smelting capacity but at
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Technip has been selected to provide its Dorr Oliver FluoSolids roaster system for Poland based mining company KGHM's Glogow I copper smelter optimisation project. The 480t
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China's top copper smelters on Thursday raised their floor treatment and refining charges (TC/RCs) for the first quarter of 2024, arguing that cuts in production meant there was less
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