SMM Analysis: 2025 Copper Production Cuts Signal Wider Concentrates Supply-Demand Gap

Published: Feb 14, 2025 17:55

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[SMM Analysis: 2025 Copper Production Guidance Released by Some Miners, Copper Concentrates Supply-Demand Balance Gap Expected to Widen Further]
2024 has passed, and major miners have successively released their Q4 2024 copper ore production reports and 2025 copper production guidance. However, it is worth noting that several miners have lowered their 2025 copper production targets, indicating that the supply of copper concentrates in 2025 will be even more constrained, with a larger global supply-demand balance gap for copper concentrates.

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