Chinese copper smelters operating normally despite government pollution crackdown; disruption risks seen rising in 2018

Jiangxi Copper is operating as usual despite media reports that it has been ordered to halt production to combat pollution, sources familiar with the matter told Metal Bulletin.

On Tuesday afternoon, media reported that Jiangxi Copper had been ordered by the Jiangxi provincial government to halt production from December 26 for one week to tackle rising pollution, a move that pushed up copper prices on the Shanghai Futures Exchange to as high as 55,310 yuan per tonne.

The smelter did received a production halt notice from the authorities, sources at...


Kiki Kang

December 27, 2017

03:29 GMT