Shanghai Metal Corporation

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Global copper resources supply is abundant, but in short time future copper is restricted for copper production.  Copper supply is from two aspects: raw copper and reborn copper,espeaially raw material is the main source. Although Copper ore resources is exploiting every year, new copper ore is still finding, so copper ore resources won’t decrease with the exploiting.  Since 2003, copper price increased, global copper mind exploiting investment is increasing year by year, according to IGGS production that in 2009 to 2014, global copper ore production will increase 4.4% every year.  Meanwhile the production of reborn copper will keep still and slightly increasing.
     In our country, crude copper and refined copper refining is keep increasing. In 2000-2009 year our county’s crude copper production ability increased from 1.18 million tons to 3.24 million tons, annually increased 11.9%; at the same time refined copper production ability increased from 1.69 million tons to 5.29 million tons, annually increased 13.5%. It is estinated that in 2015, our countrt’s crude and refined copper production ability will reach 5.87 million tons and 8.91 million tons.

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