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In the first eleven months of 2012 world mine production of copper
increased by around 4% compared with production in the same period
of 2011, International Copper Study Group said.
Concentrate production increased by 3.8% while solvent extraction-electrowinning (SX-EW) was up by 5.8%. Increases in Chile (3.7%), China (26%), Democratic Republic of Congo (DRC) (21%), Mexico (19%) and Peru (6%) more than offset declines inAustralia (4%) and Indonesia (30%). On a regional basis, production rose by 8% in Africa, 4.4% in the Americas. 5.9% in Asia, and3.2% in Europe, but declined by 4.3% in Oceania. The average world mine capacity utilization rate for the first eleven months of 2012 increased to 81.2% from 80.1% in the same period of 2011.
World refined production increased by 2.1% in the first eleven months of 2012 compared with refined production in the same periodof 2011: Primary production was up by 2% due to the increase in electrowon production, and secondary production (from scrap) increased by 2.4%. The main contributors to growth were China (10%), Japan (15%) and the DRC (29%), with production declining by 6% in Chile, 3% in the United States (owing to a series of smelter maintenance shutdowns), and by 50% in the Philippines (owing to a fire at the sole smelter). The average world refinery capacity utilization rate for the first eleven months of 2012 was 78.7% compared with 80.6% in the same period of 2011.
Concentrate production increased by 3.8% while solvent extraction-electrowinning (SX-EW) was up by 5.8%. Increases in Chile (3.7%), China (26%), Democratic Republic of Congo (DRC) (21%), Mexico (19%) and Peru (6%) more than offset declines inAustralia (4%) and Indonesia (30%). On a regional basis, production rose by 8% in Africa, 4.4% in the Americas. 5.9% in Asia, and3.2% in Europe, but declined by 4.3% in Oceania. The average world mine capacity utilization rate for the first eleven months of 2012 increased to 81.2% from 80.1% in the same period of 2011.
World refined production increased by 2.1% in the first eleven months of 2012 compared with refined production in the same periodof 2011: Primary production was up by 2% due to the increase in electrowon production, and secondary production (from scrap) increased by 2.4%. The main contributors to growth were China (10%), Japan (15%) and the DRC (29%), with production declining by 6% in Chile, 3% in the United States (owing to a series of smelter maintenance shutdowns), and by 50% in the Philippines (owing to a fire at the sole smelter). The average world refinery capacity utilization rate for the first eleven months of 2012 was 78.7% compared with 80.6% in the same period of 2011.
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