Global copper market experiences surplus in January-August as refined production up 5%, ICSG reports

इंडिया समाचार समाचार

Global copper market experiences surplus in January-August as refined production up 5%, ICSG reports
इंडिया ताज़ा खबर,इंडिया मुख्य बातें

A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.

- According to preliminary data from the International Copper Study Group , global refined copper balance in January-August 2023 indicates an apparent surplus of about 99,000 t, as refined copper production increased by about 5% while refined copper usage grew by about 2.5%.

ICSG said that production in Chile, the world's largest copper producing country, declined by 2.5% in January-August 2023, mainly because a number of mines in the country were negatively impacted by operational issues, lower grades and reduced water supply due to a drought in the central region. ICSG added that Indonesian output was down by 9% as Grasberg operations were temporarily disrupted by significant rainfall and landslides, while output in the D.R.Congo is estimated to have grown by about 9% mainly as a consequence of the expansion of the Kamoa mine and new/expanded capacity at other mines.

 

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

India cenbank sold net $3.86 billion in spot forex market in AugustIndia cenbank sold net $3.86 billion in spot forex market in AugustExplore stories from Atlantic Canada.
और पढो »



Render Time: 2025-01-10 10:43:07