Peak copper

Global Copper Mining Production Could See Steady Growth Over Next Few Years

Retrieved on: 
Wednesday, July 29, 2020
Physical sciences, Chemistry, Natural sciences, Copper, Mining, Copper mining in the United States, Peak copper

Global copper mine production will see steady growth over the next few years, as a number of new projects and expansions come online, supported by rising copper prices and demand,Fitch Solutions forecasts in a new report .

Key Points: 
  • Global copper mine production will see steady growth over the next few years, as a number of new projects and expansions come online, supported by rising copper prices and demand,Fitch Solutions forecasts in a new report .
  • This slowdown in production growth will be driven by closures of low-grade copper mines in China and delayed planned capacity expansions.
  • China, being the world's largest consumer of refined copper and third-largest producer of mined copper, will look to develop foreign assets to improve its resource security.
  • Chinese copper miners will remain committed to investing in copper deposits abroad to secure access to high-grade, low-cost material.

Global Copper Mining Production Could See Steady Growth Over Next Few Years

Retrieved on: 
Wednesday, July 29, 2020
Physical sciences, Chemistry, Natural sciences, Copper, Mining, Copper mining in the United States, Peak copper

Global copper mine production will see steady growth over the next few years, as a number of new projects and expansions come online, supported by rising copper prices and demand,Fitch Solutions forecasts in a new report .

Key Points: 
  • Global copper mine production will see steady growth over the next few years, as a number of new projects and expansions come online, supported by rising copper prices and demand,Fitch Solutions forecasts in a new report .
  • This slowdown in production growth will be driven by closures of low-grade copper mines in China and delayed planned capacity expansions.
  • China, being the world's largest consumer of refined copper and third-largest producer of mined copper, will look to develop foreign assets to improve its resource security.
  • Chinese copper miners will remain committed to investing in copper deposits abroad to secure access to high-grade, low-cost material.