ICSG releases copper data for Sept 2019

摘要

The International Copper Study Group has released preliminary data for September 2019. Preliminary data indicates that world mine production declined by about 0.4% in the first nine months of 2019, with concentrate production remaining essentially unchanged and solvent extraction-electro winning (SX- EW) declining by 1% Reduced output in major producing countries more than offset growth in other countries. Production in Chile, the world's biggest copper mine producing country, declined by 0.3% mainly due to lower copper head grades and some production disruptions that occurred early in the year. Indonesian output declined by 50% as a consequence of the transition of the country's major two mines to different ore zones leading to temporarily reduced output levels. After growth of 13% in 2018, aggregated production in the Democratic Republic of Congo (DRC) and Zambia declined by 3% as consequence of temporary suspensions at SX-EW mines, reductions in planned production and operational constraints.