Copper Industry Annual Report 2023

1. Definition, Type, Distribution, Application 3
1.1 Definition 3
1.2 Type 3
1.3 Distribution 3
1.4 Application 4
2. Economy and Policy 5
2.1 China vows to boost construction of basic mining infrastructure 5
2.2 China's H1 production of ten nonferrous metals up by 8% YoY 5
2.3 China's production of ten nonferrous metals up by 7% YoY in Jan-Jul 5
2.4 World Bank lowers global economic growth forecast to 1.7% for 2023 5
2.5 World Bank raises China's economic growth forecast to 5.1% 5
2.6 China again extends tariff exemptions on some U.Asian Metal Copyright Supply and Demand Outlook 20 7.Asian Metal CopyrightS. imported products 5
2.7 GAC Group's NEV sales up by 204.93% YOY in Feb 5
3. Market Movements 5
3.1 Copper cathode 99.99%min delivered in China 5
3.2 Copper Concentrate 20%min delivered in China 6
3.3 Copper concentrate 25%min TCs CIF China 7
3.4 Copper rod Ф8mm TCs China EXW 8
3.5 Blister copper 98.5%min TCs delivered in China 9
3.6 Copper scrap 99%min delivered in China 10
4. Company News 11
4.1 Henan Xinchang Copper decreases output of copper rod 11
4.2 Tongling Nonferrous to buy 70% stake in China Railway Construction Tongguan for RMB6.67 billion 11
4.3 Tongling Nonferrous Metals starts building Green Intelligent Copper-Base New Material Project 11
4.4 Atliplano: copper sales of 131.2klbs hits second highest amount 11
4.5 Anhui Tianda Copper decreases copper rod output 11
4.6 Changzhou Yuanmei New Material decreases copper rod output 11
4.7 Tongling Nonferrous decreases output of copper rod 11
4.8 Zhongjin Lingnan owns nearly 10Mt of proven nonferrous mineral resources Zhongjin Lingnan 12
4.9 First Quantum finalizes draft concession agreement with government of Panama on Cobre Panama 12
4.10 Rio Tinto: Underground production starts at Oyu Tolgoi copper mine 12
4.11 Atalaya's 2022 copper production reaches 52.3kt 12
4.12 Anhui Tianda Copper reduces copper rod output 12
4.13 Shandong Jinsheng decreases copper cathode output 12
4.14 Henan Yuguang plans to resume copper cathode production 12
4.15 Rio Tinto forms joint venture with Codelco for Chilian copper project 12
4.16 Lianhe Copper decreases copper cathode output 12
4.17 Jiangsu Hengtong increases copper rod output 13
4.18 Wuzhou Jinsheng Copper decreases copper cathode output 13
4.19 Glencore offtakes copper concentrate from True North's Cloncurry project 13
4.20 Amerigo reports copper-molybdenum output at Minera Valle Central operation 13
5. Producers Statistics 13
5.1 Chinese refined copper producers 13
5.2 Chinese copper concentrate producers 14
5.3 Chinese copper rod producers 16
6 Customs Statistics 17
6.1 China's copper ore and concentrate imports up 8.97% YOY in 2023 17
6.2 China's refined copper imports down by 31.44% YOY in 2023 18
6.3 China's copper scrap imports up by 12.13% YOY in 2023 18
6.4 China's blister copper imports down by 14.09% YOY in 2023 19
7. Supply and Demand Outlook 20
7.1 Copper concentrate 25%min CIF China 20
7.2 Copper concentrate 20%min delivered 20
7.3 Copper cathode 99.99%min delivered 20
7.4 Copper rod Ф8mm EXW 20
7.5 Blister copper 98.5%min delivered 20
7.6 Copper scrap wire 99%min delivered 20


.Asian Metal Copyright2 China's refined copper imports down by 31Asian Metal Copyright