Copper Industry Annual Report 2022

Content

1. Definition, Type, Distribution, Application 3
1.1 Definition 3
1.2 Type 3
1.3 Distribution 3
1.4 Application 4
2. Economy and Policy 5
2.1 MEE calls for orderly promotion of green and low-carbon development in 2022 5
2.2 MEE: Temporary control on enterprises of heavy pollution and large emission during Winter Olympics 5
2.3 MOF: Over RMB1 trillion deducted from due taxes and fees in 2021 5
2.4 NDRC: China's output of ten non-ferrous metals up by 5.4% YOY in 2021 5
2.5 Eight departments in China issue notice on accelerating comprehensive utilization of industrial resources 5
2.6 China further extends tariff exemptions on some U.Asian Metal Copyright23 Ivanhoe Mine's 34.Asian Metal CopyrightS. imported products 5
2.7 China's ten nonferrous metals production up by 6.7% YoY in Aug 5
2.8 GACC: China's foreign trade value up by 9.5% YOY in Jan-Oct 2022 6
3. Market Movements 6
3.1 Copper cathode 99.99%min delivered in China 6
3.2 Copper Concentrate 20%min delivered in China 7
3.3 Copper concentrate 25%min TCs CIF China 8
3.4 Copper rod Ф8mm TCs China EXW 8
3.5 Blister copper 98.5%min TCs delivered in China 9
3.6 Copper scrap 99%min delivered in China 10
4. Company News 11
4.1 Carnaby Resources reports high-grade copper discovery at Greater Duchess Cu-Au Project 11
4.2 Xinjiang Xinxin Mining's stocks for copper cathode increases 11
4.3 Henan Shengshi Xinxin Copper decreases copper rod output 12
4.4 Henan Qixing Copper reduces output for copper rod 12
4.5 Xinjiang Huixiang Yongjin Mining suspends copper concentrate production 12
4.6 Changzhou Yuanmei New Material reduces copper rod output 12
4.7 Anglo American's copper production down by 4% YOY in Q4 2021 12
4.8 Carnaby Resources reports high-grade copper discovery at Greater Duchess Cu-Au Project 12
4.9 Fushun Hongtoushan recovers normal production of copper concentrate 12
4.10 Tianjin Dashan to resume normal production of copper rod 12
4.11 Power Metal Resources completes diamond drilling at Haneti Ni-Cu-Co-PGM Project 13
4.12 Jiangsu Hengtong reduces production of copper rod 13
4.13 Jiangsu Zhongguangrun reduces production of copper rod 13
4.14 Huzhou Jiuli reduces production of copper rod 13
4.15 Shandong Jinsheng cuts production of copper cathode 13
4.16 Hindalco's copper cathode doubles to 102kt in Oct-Dec 2021 13
4.17 Ningbo Shimao reduces production of copper rod 13
4.18 Xinjiang Wuxin to resume copper cathode production 13
4.19 Faraday Copper updates mineral resource estimate for Copper Creek Cu-Mo-Ag Project 14
4.20 MMG restarts copper production at Las Bambas mine in Peru after protests 14
4.21 Tongling Nonferrous decreases output of copper rod 14
4.22 Quanwei (Tongling) Copper reduces output of copper rod 14
4.23 Ivanhoe Mine's 34.4k-ton floated copper production hits monthly record 14
4.24 Tongling Nonferrous to invest RMB10.3 billion in high-end copper wire project 14
4.25 Chifeng Jinjian increases output of copper cathode 14
4.26 Shandong Jinsheng Nonferrous increases copper rod output 14
4.27 Central Asia Metals: copper production reaches 10.7kt 15
4.28 MEE: China totally bans import of foreign garbage 15
4.29 Atalaya: copper production records about 13.5kt 15
5. Producers Statistics 15
5.1 Chinese refined copper producers 15
5.2 Chinese copper concentrate producers 16
5.3 Chinese copper rod producers 18
6 Customs Statistics 19
6.1 China's copper ore and concentrate imports up 8.07% YOY in 2022 19
6.2 China's refined copper imports down by 14.01% YOY in 2022 20
6.3 China's copper scrap imports up by 4.57% YOY in 2022 20
6.4 China's blister copper imports up by 24.39% YOY in 2022 21
7. Supply and Demand Outlook 21
7.1 Copper concentrate 25%min CIF China 21
7.2 Copper concentrate 20%min delivered 22
7.3 Copper cathode 99.99%min delivered 22
7.4 Copper rod Ф8mm EXW 22
7.5 Blister copper 98.5%min delivered 22
7.6 Copper scrap wire 99%min delivered 22


.Asian Metal Copyright2 Xinjiang Xinxin Mining's stocks for copper cathode increases 11 4Asian Metal Copyright