The Old Has Passed, Everything Is New: SMM Copper Concentrate Supply-Demand Balance Table Released [SMM Analysis]

》View SMM Copper Prices, Data, and Market Analysis

》Subscribe to View SMM Historical Spot Metal Prices

       2024 has passed, and based on publicly available data channels and the latest project progress, SMM has released the Global Copper Concentrates Supply-Demand Balance Sheet for 2021-2030.

       On the supply side, future supply increment projects in China include the Juno Copper Mine, Hongnipo Copper Mine, Yulong Copper Mine, and Julong Copper Industry. Major supply increment projects in other countries include Tsagaan Suvarga in Mongolia, Tampakan in the Philippines, Mes Aynak Copper Mine in Afghanistan, the Josemaria Project in Argentina, Eva Copper in Australia, Grasberg in Indonesia, OT Mine in Mongolia, and Mirador in Ecuador.

       On the demand side, future incremental crude smelting demand projects in China include Tongling Nonferrous, Chifeng Jintong, Shandong Humon Weihai, Phase I of Yingkou Jianda Shenghai Nonferrous Chemical Co., Ltd., Hubei Qiangxing, Phase I of Hunan Yuneng, as well as the Olympic Dam in Australia, Kaz Minerals projects, and the Adani project in India.

       In summary, SMM has produced the latest version of the Global Copper Concentrates Supply-Demand Balance, taking into account supply and demand disruption rates, raw material buried inventory, and smelting losses.

》Click to View the SMM Copper Industry Chain Database