Copper News Roundup

Published: Jul 12, 2021 15:30

Save

It was reported that the equipment of a smelter in Shandong suddenly failed last weekend, and it is estimated that it will take at least one month to repair.

SHANGHAI, Jul 12 (SMM) — This is a roundup of news in the copper industry for today.

A smelter in Shandong experienced equipment failure over the weekend

It was reported that the equipment of a smelter in Shandong suddenly failed last weekend, and it is estimated that it will take at least one month to repair. The equipment failure of this enterprise will further boost TCs for spot copper concentrate to a certain extent, and lead a continuous decline in domestic refined copper inventories. SMM will continue to report the follow-up news.

The commissioning time of China's largest copper smelter project will be moved backward

According to SMM survey, due to the interference of pandemic situation, arrivals of some imported equipment have been affected, and the commissioning time of 400,000 mt of high-purity cathode copper cleaner production project of Daye Nonferrous Metals Co., Ltd., which is funded by China Nonferrous Metals Group, will be moved backward to mid-2022. The project introduced the world-advanced "flash smelting and flash blowing" flash process, and the project started construction on May 12, 2020. After completion, it can realise the annual copper concentrate processing capacity of 1.6 million mt, with an annual output of 400,000 mt of copper cathode and 1.5 million mt of sulphuric acid, which is the largest copper smelter project newly expanded in China after 2019.

Copper

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

8 hours ago

3 Dutch Ports (Inc. Rotterdam) Strike Planned for September 4, Cargo Handling and Logistics Face Disruption

According to an August 28 advisory from logistics company Beckchoice, Dutch unions FNV and CNV have called on workers in Rotterdam, Amsterdam and Zeeland ports to halt ship-handling activities from 11:15 to 19:00 local time on September 4. The action is part of a campaign against proposed changes and cuts to the Netherlands’ social security system. The planned stoppage could disrupt cargo loading and unloading, towage and related operations, delaying vessel schedules, cargo collections and onward transport. Some disruption could persist beyond the strike period, with the extent depending on worker participation and individual terminal operations.

8 hours ago

12 hours ago

Doubling Surge! Copper Foil Semi-Annual Report Reveals Bottom Line, Volume and Price Rise Kick Off High-Level Market [SMM Analysis]

The 2026 semi-annual report disclosure season has concluded, with publicly listed firms across China's copper foil industry chain delivering impressive interim results. Driven by sustained growth in ESS installations, rising NEV penetration rates, and accelerated construction of AI computing infrastructure, the industry has emerged from a two-year downturn and entered an upward cycle of rising volumes and prices...

12 hours ago

Xinhai Mining nears completion of 1.5 Mt/y copper flotation plant in Kazakhstan

Shandong Xinhai Mining's 1.5 million tonnes per year sulphide-copper flotation plant in Kazakhstan has entered the equipment installation and commissioning phase, with civil works past the halfway mark and all major equipment foundations accepted. Delivered under a full EPC+M+O contract, the plant treats ore averaging 0.86% copper and is designed for a 22% copper concentrate grade at 90% recovery, processing 5,000 tonnes per day over 300 operating days. Work started in October 2025, resumed in April 2026 after winter, and is scheduled for civil completion by end-September and full commissioning by year-end. Onstream, it will recover roughly 11,600 tonnes of copper metal annually.

12 hours ago