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.
Teck Resources held an inauguration ceremony last Friday to celebrate the recent start of operations at its new Carmen de Andacollo copper concentrator. It reached commercial production in October 2010 and has extended mine life by about 20 years, increased production capacity and created approximately 350 new jobs.