BASE METALS

Capped CO2 means peak copper smelting for China

With the Chinese government pushing to draw a high water mark on its carbon dioxide emissions, growth in the country’s copper smelting capacity is set to peak in the next year or two, Duan Shaofu, secretary general of copper branch at the China Non-ferrous Metal Industry Association, has told delegates at the 2021 CRU World Copper Conference.

China copper demand to continue strengthening

China copper demand to continue strengthening

Shaofu said smelting capacity increased 1.8% in 2020 to 8.34 million tonnes and despite new projects coming on stream in 2021 and 2022, "the government has incorporated peak carbon and carbon neutralisation...

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