Big project! The 220000-ton copper rod production line newly built by Jiang Copper in North China has been completed and put into production.

Published: Sep 16, 2020 22:34

Source: Weibeichen official account

Save

SMM: this morning, the completion and commissioning ceremony of Jiangtong's new 220000-ton copper rod production line in North China and the unveiling ceremony of the QME designated settlement warehouse were held. Chen Yongyi, member of the standing Committee of the District CPC Committee and director of the United Front work Department of the District CPC Committee, and Hu Xuechun, deputy district mayor, attended.

At the ceremony, Chen Yongyi, on behalf of the district party committee and the district government, congratulated Jiang Copper on the completion and commissioning of the new 220000-ton copper rod production line in North China and the unveiling of the QME designated settlement warehouse. He said that the completion of the new copper rod production line marked the transformation of the Tianjin copper industry from traditional manufacturing to intelligent manufacturing, and at the same time, the establishment of the first QME designated settlement warehouse in the northern region. It is of great significance to promote our region and even Tianjin to become the production and trade center of copper products in northern China in the future.

According to reports, Jiang Copper's new 220000-ton copper rod production line in North China is an intelligent manufacturing system based on the industrial Internet, which can automatically monitor the process parameters of copper rod production process online, dynamically control raw material inventory, product sales and other business data, and view futures information online to realize a new intelligent manufacturing mode of copper rod processing industry. At the same time, the designated settlement warehouse established by the (QME) trading platform of Shenzhen Qianhai Joint Trading Center will realize the new mode of "near-acquisition and far-selling, take-as-you-go, and sell-as-you-go" mode for upstream and downstream enterprises of copper products, which can greatly improve the efficiency of the use of products.

"Click to sign up: 2020 Fifth China Electrotechnical Materials supply and demand Trade Summit

Jiang Copper in North China copper pole put into production

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

6 hours ago

India, Russia Eye Expanded Mining and Critical Minerals Partnership

New Delhi, Moscow seek to expand cooperation from mineral exploration to advanced materials.

6 hours ago

9 hours ago

Data: SHFE, DCE market movement (Sep 09)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 09 Sep , 2026

9 hours ago

Cobre Secures Third-Party Ore Supply to Add 300 t/month of Copper Cathode at Sierra Atacama

Cobre Limited announced on September 9 that its Sierra Atacama operation in Chile has signed ore-purchase agreements with two third-party copper oxide miners in the Antofagasta region, with deliveries expected to ramp up from Q4 2026. The agreements are expected to supply approximately 50,000–75,000 tonnes of oxide ore per month grading 1.0–1.5% total copper, adding around 300 tonnes per month of copper cathode production. The additional production will be processed through Sierra Atacama’s existing SX-EW plant, which has installed copper cathode capacity of approximately 20,000 tonnes per year and is currently operating below nameplate capacity. As the purchased ore does not require Cobre to incur its own mining and development costs, the company said incremental costs will primarily comprise the ore purchase price and variable processing costs, including acid, power and reagents. Higher throughput is also expected to spread the plant’s fixed costs over a larger production base. The approximately 300 tonnes per month of additional cathode will be incremental to Cobre’s previously announced production targets, which remain unchanged. The company is continuing to stabilise underground production while preparing to transition toward a larger open-pit operation from 2027. Cobre said negotiations with additional regional ore suppliers are also underway, potentially providing further feed for the under-utilised SX-EW facility. The agreements represent a near-term increase in copper cathode supply from Sierra Atacama without requiring additional mining development or new processing capacity. At the initial expected rate, the third-party feed could contribute approximately 3,600 tonnes of additional cathode on an annualised basis. More importantly, it should raise utilisation of the existing SX-EW plant ahead of Cobre’s planned transition to expanded open-pit production in 2027. Further ore-supply agreements would provide additional upside to plant utilisation and cathode output.

9 hours ago