SHANGHAI, Feb 1 (SMM) – According to a report released by the National Bureau of Statistics (NBS), the cumulative output of copper cathode in 2022 stood at 11.063 million mt, a year-on-year increase of 4.5%.
Smelters faced difficulties in commissioning new production capacity during the year, and some smelters reduced production due to environmental protection, debt problems, and insufficient blister copper supply. But continuously rising TCs driven by ample copper concentrate supply pushed copper output higher in 2022.

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