Global S&T Development Trend Analysis Platform of Resources and Environment
Southern Copper to vie for top producer status despite output slump | |
admin | |
2022-02-02 | |
发布年 | 2022 |
语种 | 英语 |
国家 | 国际 |
领域 | 地球科学 |
正文(英文) | ![]() Tia Maria mine is forecast to produce 120,000 tonnes of copper a year, for an estimated 20-year lifespan. (Photo by Southern Copper Corp.)
Southern Copper Corp., one of the biggest copper companies by mineral reserves, expects to challenge for top producer status by the end of the decade even as output stumbles this year. The Peru-focused company reported a 4.3% drop in copper production last year and expects the decline to continue this year, guiding for 922,000 metric tons of the metal in 2022. Behind the temporary pullback is a mining plan that sees the company encountering sections of lower ore quality and recoveries. That’s bad news for a tight global copper market in which Covid-rattled producers and their supply chains have struggled to meet demand. But Southern Copper expects to return to richer veins from next year before ramping up to levels that are similar to the current output of the world’s No. 1 supplier Codelco. “After this year, we believe our 2023 production will bounce back to one million tons of copper,” the company wrote in an earnings statement late Tuesday. “By the end of this decade, as our organic growth projects mature, we expect to hit the 1.8 million-ton copper production mark.” Southern is developing projects worth $2.8 billion in Peru. If the up-and-coming Michiquillay and Los Chancas projects are included, that figure jumps to $7.9 billion. Analysts will be looking for further guidance on the pipeline, including the controversial Tia Maria project, when executives speak on a call at 11 a.m. New York time. (By James Attwood) |
URL | 查看原文 |
来源平台 | Minging.com |
文献类型 | 新闻 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/345444 |
专题 | 地球科学 |
推荐引用方式 GB/T 7714 | admin. Southern Copper to vie for top producer status despite output slump. 2022. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
查看访问统计 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[admin]的文章 |
百度学术 |
百度学术中相似的文章 |
[admin]的文章 |
必应学术 |
必应学术中相似的文章 |
[admin]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。
修改评论