Copper Worldwide Copper World News Brass alloys 2016

CW Vol 6 No 2 Issue

KEY WORDS Parra and Mackey think there is scope for increased R & D activity by industry with the objective of lowering the cost of production. They plan to develop a new measurement metric, the ‘Innovation Index’ in order to map a company’s commitment to research and development that can help them keep ahead of the cost curve.

SPOTLIGHT - SOUTH KOREA The main challenges facing the industry here have been a combination of a sluggish domestic economy and local market, substitution pressures, deteriorating export opportunities to China, ASEAN and beyond, due to increasing production capabilities in these countries, and rising low cost imports from China, writes independent analyst Jonathan Barnes.


Released in May 2016, the International Wrought Copper Council’s six monthly review of the copper market and resulting forecasts for copper supply and demand suggest for 2016 that copper mine production might be 18.935 million tonnes (Mt), with an expected increase of 3.4% to 19.572 Mt in 2017.

The first Metal Bulletin Iranian Base Metals Conference will take place on 6-7 September 2016 in Tehran, examining the market dynamics for aluminium, copper, lead and zinc. The political landscape in Iran is changing and the easing of sanctions will bring a wealth of opportunities for both Iranian and international companies.

The OECD reported in February 2016 that China had invested 2.05% of its GDP in research and development in 2015, while the 28-member EU averaged 1.94%, well below its target to spend 3% of GDP on R&D by 2020.

The International Copper Study Group expects world apparent refined usage in 2016 to remain flat. This is mainly because apparent demand in China is expected to remain essentially flat (+0.5%), although underlying ‘real’ demand growth in China is estimated by others at around 3-4%.

In February 2016, refined copper production was 1,973.9 kt and consumption was 1,929.2 kt, according to the World Bureau of Metal Statistics.

CESCO Week 2016 saw CRU forecast refined copper consumption for ASEAN and India to rise by 4.3 Mt by 2025, making these key markets, at its 15th World Copper Conference.


  • PRIMARY SMELTING - Several new-build and revamped acid plant projects were progressed
  • COPPER IN AUSTRALIA - Fascinating historical study with a present day outlook
  • MANAGERIAL REVIEW - New strategies and project progress summarised
  • INSTRUMENTATION - Latest analysers and pyrometers


CW Vol 6 No 1 Issue:

KEY WORDS “The role of science and technology on sustainability is a diagnostic and strongly remedial one. Scientists and engineers need to be better recognised at a society-wide level for the crucial work they do in terms of sustainability” - Florian Kongoli

SPOTLIGHT - OIL AND COPPER Possibly only one analyst saw the 2014 price drop coming. The OECD expected the global economy to grow 3.3% in 2016 (IMF 3.6%) at time of publication (Feb).


The revised refined copper balance for the first eleven months of 2015 indicates a production surplus of around 50,000 tonnes, and a seasonally adjusted surplus of about 170,000 t.

CESCO Week 2016 in Santiago will see the 20th CESCO Dinner, the 9th International Exploration Forum, the GFMS Copper Survey 2016, the 15th World Copper Conference featuring the new Innovation Showcase, and the 3rd Mining Suppliers Seminar.

Nine large copper smelters in China have agreed that they could deepen planned 2016 production cuts from the 350,000 tonnes of refined copper set earlier depending on earnings, according to Reuters.

Paper published recently in the International Journal of Life-Cycle Assessment (LCA), entitled Mineral resources in life cycle impact assessment - defining the path forward. Co-authored by the ECI.

The copper market recorded a surplus of 248 kt in January to November 2015 which follows a surplus of 116 kt in the whole of 2014, according to January’s WBMS figures.

According to Antaike Copper & Copper Fabrication Monthly No.229, the utilisation rate of the circa 455 thousand tonnes of Chinese smelting capacity averaged 84 per cent for the whole of 2015.


  • ELECTROWINNING - Large SX-EW facilities, Cathode technology
  • REFINERY TECHNOLOGY - Brand registration process, New copper complexes
  • CHILE AND PERU INSIGHT - Global standing, Projects updates
  • COPPER SEMIS - New South America and MENAT data



DEC 15 No let-up in skills shortage crisis
More than half (55%) of mining employers cut staff in 2015 and an additional 40% expect to cut in 2016, according to an industry survey by the recruiting firm Hays. 63 per cent of resource and mining employers are not actively hiring new graduates despite reports of a growing skills shortage.

NOV 15 Resources investments have recovered in 2015
Capital raised in 2015 by natural resources funds is set to match the record US$ 61bn raised by such funds in 2013. Fundraising to October 2015 is more than the US$ 52bn raised in the year 2014, said Preqin Research Center in its Special Report: Institutional Investors in Natural Resources Funds.

OCT-NOV 15 Asia Copper Conference to be well attended - starts 17th Nov
Metal Bulletin Events’ 11th Asia Copper Conference, the official conference of CESCO’s Asia Copper Week, is set to be the biggest yet - the number of confirmed attendees has already surpassed last year’s with more registrations still expected. To register:

12th Asia Copper Conference ZIMEC 2016 Metalex - Synergies in Electrowinning and Electrorefining Schenck Process Describe your services here Use this space to get business

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