ACW 2019: Copper smelters face risk of ‘overcapacity problem’ - Jiangxi Copper's Xu

Copper smelters will slow capacity expansions if market terms for copper concentrates fall to reflect a potential market deficit, Jiangxi Copper's Yuanfeng Xu said at Fastmarkets’ Asia Copper Conference in Shanghai on Wednesday November 20.

"Right now [smelting] capacity is still increasing, so the future potential risk may come from the supply from the ore mining side," Xu, who is vice president of trading at Jiangxi and former chief of its Guixi plant - the world's largest copper smelting and refining complex, said.

"So we are going to...


Archie Hunter

November 20, 2019

05:13 GMT