Strikes to be game changer in copper ore supply in 2018

February 13, 2017 / news.metal.com / Article Link

SHANGHAI, Feb 13 (SMM) – Strikes are expected to be the biggest factor affecting copper ore supply in 2018, with 30 labour negotiations already planned this year in Chile alone.

In addition, such negotiation at Escondida scheduled in August and a share transfer programme at Grasberg would also create uncertainties over output at the world’s two largest copper mines.

Following a decrease in copper ore supply in 2017, SMM forecast a 3.3% output growth this year contributed mainly by First Quantum’s Cobre Panama mine and Southern Copper’s Toquepala mine.  

Other factors including new and expanding smelting capacities in China and the country’s copper scrap import restrictions would also be key to watch out for this year.  

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn 

Recent News

Strong revenue growth continues while costs ease

March 10, 2025 / www.canadianminingreport.com

Gold stocks back near highs

March 10, 2025 / www.canadianminingreport.com

Budgets shift to later phases and larger companies

March 03, 2025 / www.canadianminingreport.com

Gold stocks decline on metal and equities drop

March 03, 2025 / www.canadianminingreport.com

TSXV Mining's gold-driven outperformance

February 24, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok