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China's Jinchuan Int'l to double African copper, cobalt output-2018 China(Guangzhou)Int’l Non-Ferrous Metal(Copper)Exhibition 5/22/2018 有色金属展- Copper exhibition -non-ferrous metals expo |
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Reuters reported that China’s Jinchuan Group International Resources plans to double its African copper and cobalt production in the next two to three years. Its chief executive officer said that the company currently produces around 50,000 tonnes of copper and 5,000 tonnes of cobalt a year, Gao Tianpeng said at the LME Asia Week conference in Hong Kong.
Mr Tianpeng said that “In the next to two three years we will double our capacity.”
Miners are boosting copper and cobalt production to meet demand from an expected boom in electric vehicles.
Jinchuan’s mining unit, Metorex Group, is headquartered in South Africa and controls the Ruashi Mine in the Democratic Republic of Congo that produces copper and cobalt and in Zambia, the Chibuluma South copper mine.
Metorex produced 42,512 tonnes of copper last year, steady from the year before, and 4,638 tonnes of cobalt, up from 3,391 tonnes in 2016.
有色金属展-铜材展-2018年广州国际有色金属工业(铜业)展览会
-2018 China(Guangzhou)Int’l Non-Ferrous Metal(Copper)Exhibition
-Non-Ferrous Metal exhibition, 2018
Non-Ferrous Metal exhibition, Non-Ferrous Metal expo, 2018 Non-Ferrous Metal
expo, Copper exhibition, Copper expo, 2018 Copper exhibition, 2018 Copper expo,
China Copper exhibition, China Copper expo
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