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It is estimated that the global copper smelting project will increase by 4.2 million tons by 2014

Date:2015-12-4
From the 2010 China International Mining Conference that is being held in Tianjin, the International Copper Research Group predicts that by 2014, the global copper smelting project will increase by 4.2 million tons, and the global production capacity will reach 27.8 million tons by then.
According to the report of the International Copper Business Research Group, by 2014, the world’s new refined copper production capacity will be 4.2 million tons, and the output will reach 27.8 million tons, of which 3.4 million tons will come from the electrolytic refining of copper projects, while the capacity of the wet production of electrolytic copper projects will increase. It will reach 18.5%.
According to the report, by 2014, Asia will increase 3.4 million tons of refined copper to 13 million tons, which will account for 46% of global production capacity; Africa will add 572,000 tons of new capacity, all of which are produced by wet-process electrolytic copper, accounting for global growth. The production capacity was 13.6%; the new production capacity in Europe and South America were 197,000 tons and 121,000 tons respectively, accounting for 4.7% and 2.9% of the global new capacity.
In contrast, refined copper production capacity in North America and Oceania will drop somewhat. Compared with 2009, the refined copper production capacity in North America and Oceania will decline by 56,000 tons and 20,000 tons respectively in 2014.
The head of the International Copper Research Group, Don Smell, said that this is only a statistic that is currently known in construction projects. With the development of the time, these projects are also facing various possibilities, such as suspension of construction, withdrawal of capital, and so on.

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