China copper smelters bracing for shortage of vital scrap metal
Around 30% of China’s refined copper production used scrap metal as a feedstock in 2023.
Antapaccay copper mine in Peru, controlled by Glencore, on Thursday announced the suspension of operations due to a road blockade by local communities, said the miner in a statement.
The mine near the city of Espinar in the Cusco region is the sixth largest copper producer in Peru, accounting last year for 8.8% of Peru’s total copper production.
(By Marco Aquino and Aislinn Laing)
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