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1715685346664347e2b0816copper 2022
1715685346664347e2b0816copper 2022
Indian Minerals
Yearbook 2022
(Part- II :Metals and Alloys)
61st Edition
COPPER
(ADVANCE RELEASE)
GOVERNMENT OF INDIA
MINISTRY OF MINES
INDIAN BUREAU OF MINES
April, 2024
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5 Copper
5-2
Table - 1: Reserves/Resources of Copper as on 1.4.2020 (P)
(By Grades/States) (In ’000 tonnes)
Reserves Remaining Resources
Tot al
Grade/State Proved Probable Total Feasibility Pre-feasibility Measured Indicated Inferred Reconnaissance Total Resources
STD111 (A) STD211 STD331 STD332 STD333 STD334 (B) (A+B)
STD121 STD122 STD221 STD222
By Grades
Ore with 1.85% & Above Cu - - - - - 62 - 2520 2645 2186 870 8283 8283
Ore With 1.00 % to
below 1.85 % Cu 1282 67 20045 15580 16 38 91 69113 7372 14977 86623 11 27 72 13 20 46 - 422903 58 67 95
Ore with (+) 0.50%
to below 1.00% Cu - - - - 3070 10 39 42 11596 46741 94495 53 44 42 3620 797906 79 79 06
Ore with (-) 0.50% Cu - - - - 10919 - 14795 - 13 09 90 11 03 12 870 267886 26 78 86
Metal 1664.12 313 .64 183.81 2161.57 873 .59 428 .09 246.48 1655.35 2748.95 4051.37 31.69 10035.52 12197.09
By States
5-3
Andhra Pradesh
Ore - - - - 68 6 - 105 - 5791 1000 - 7582 7582
COPPER
(Contd)
Table - 1: (Concld)
Ma ha ras htra
Ore - - - - - - - - 5 83 1 1 1 77 4 150 17 7 55 17 7 55
Metal - - - - - - - - 58.3 6 99 .1 8 0 . 54 1 5 8 . 08 1 5 8 . 08
Me g h a l a y a
Ore - - - - - - - - 880 - - 880 880
Metal - - - - - - - - 9 - - 9 . 00 9 . 00
Nag a la nd
Ore - - - - - - - - - 2 00 0 - 2000 2000
Metal - - - - - - - - - 15 .0 0 - 15.0 0 15 .00
Odisha
Ore - - - - - - - 1340 2 30 6 8 34 5 - 11 9 91 11 9 91
Metal - - - - - - - 20.6 3 20.1 4 56 .2 6 - 97.0 3 97 .03
Ra j a s th a n
5-4
Ore 1 4 34 4 2 0 04 5 - 3 43 8 8 1 3 3 14 1148 2 4 30 4 1 8 60 3 197078 573814 5200 833461 867849
Metal 169.44 313.64 - 48 3. 0 8 33 .87 1 2 .2 1 3 6. 3 2 3 3 8. 6 6 1 3 85 .88 2 2 14 .4 6 31 .13 41 52 .5 2 4 6 3 5 .6
COPPER
Si kkim
Ore - - - - - 445 63 300 - 150 - 958 958
Metal - - - - - 7 . 86 0. 9 1 8. 4 7 - 4.23 - 21.4 7 21 .47
Tamil Nadu
Ore - - - - - - - 200 590 - - 790 790
Metal - - - - - - - 1. 0 8 2.73 - - 3 . 81 3 . 81
Te l a ng a n a
Ore - - - - - 666 - - - - - 666 666
Metal - - - - - 9 . 12 - - - - - 9 . 12 9 . 12
Utta ra kha nd
Ore - - - - - - - 3170 390 660 - 4220 4220
Metal - - - - - - - 53.4 5 1.44 5.15 - 60.0 4 60 .04
We st B eng a l
Ore - - - - - - - - 113 - - 113 113
Metal - - - - - - - - 2.09 - - 2 . 09 2 . 09
Production of Copper
Table – 2: Principal Producer of Copper Concentrates,
2012-13 to 2021-22
Concentrates, 2021-22
Production (Thousand tonnes)
160
140
Name and address of Location of mine 120
the producer 100
State District 80
60
Hindustan Copper Ltd, Madhya Balaghat 40
Tamra Bhavan, 1, Pradesh 20
Ashutosh Choudhury Avenue, 0
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
2019-20
2020-21
2021-22
Kolkata – 700 019. Rajasthan Jhunjhunu
Year
2 02 0 -2 1 2021-22 (P)
State
Ore Cu% Metal Ore Cu% Metal
produced c on t en t produced c on t en t
Rajasthan 9 9 19 9 1 0. 8 3 8238 1 1 01 33 9 0. 85 9 30 8
(P): Provisional
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Table – 4: Copper Ore Treated, 2020-21 and 2021-22
(By States)
(In tonnes)
2 02 0 -2 1 2021-22 (P)
State
Ore Cu% Metal Ore Cu% Metal
treated conten t treated cont ent
(P): Provisional
(P): Provisional
2 02 0 -2 1 2021-22 (P)
State/District No. of No. of
mines Quantity Value mines Quantity Value
(P): Provisional
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Location of t he p lant
Name and address of
th e producer State District
2 02 0 -2 1 2021-22 (P)
Stat e P la n t
Qu a n t it y Value Qua nt it y Value
India 0 N.A. 0 N.A.
Jharkhand Surda ICC 0 N. A. 0 N. A.
(P): Provisional
2 02 0 -2 1 2021-22 (P )
Stat e Plant
Qu a n t it y Value Qua nt i t y Value
India 3 4 15 6 3 18 8 4 4 54 00 351464 261 30 31 8 6
Gujarat Hindalco 219171 1 2 2 0 04 1 0 0 2 2 50 1 7 16 8 73 76 00
Maharashtra HCL Taloja 0 0 0 0
Tamil Nadu Vedanta Ltd 0 0 0 0
Dadra & Nagar Haveli Vedanta Ltd 122392 6 64 41 3 00 1 2 64 4 7 9 25655 86
(P): Provisional
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contract for development of underground mine at the above, further activities like G2 level Exploration
MCP had ended on 28.12.2021. To complete the and Mine Planning will be taken up.
residual work of underground mine construction, a b) Khetri mine: Execution of the earlier awarded
consultancy contract was entrusted on M/s MECON, contract to augment ore production capacity at the
a reputed CPSE Consultancy Organization, for mine from 0.5 MTPA to 1.5 MTPA through deepening
estimation of value of residual work, preparation of of existing shafts and other related activities, could
NIT document and evaluation of tenders which have not be completed due to extremely bad ground / fault
been divided in multiple parts (Mine Excavation at zone encountered and as a result, the contract had
North Side, Mine Excavation at South Side, Shaft to be terminated. To sustain the ore production from
Furnishing, Men & Material Hoisting system, mine, another contract has been awarded for
Crushing & Pumping system, Power system, Main conversion of track mining to trackless mining at
Mechanical Ventilator) to complete the work in an 0mRL and below for which contract has been awarded
efficient manner. Out of the above multiple parts, the and the work has already been commenced. For the
contracts for completion of mine development work Banwas deposit of Khetri Mine, the Company had
at North & South side have been awarded and started during FY 2016-17 appointed contractual agency for
in FY 2022-23. For production of copper ore from ore prod uction. T he contractual agency has
underground mine at MCP, a c ontract for produced 3,75,689 tonnes of ore in FY 2022-23 and
Development, P roduction Drill ing and Ore the target production is envisaged to be achieved
Production had been awarded to M/s SMS Ltd led by FY 2023-24.
consortium in July, 2019. M/s SMS Ltd has started
3. Surda Mine (Jharkhand)
production of copper ore from stope since July, 2022
and majorly completed the mobilisation of production The plan envisages sinking of shaft, deepening
equipment at the site. Further, the Company has also of various winzes to increase production capacity
awarded contract for construction of 3.00 MTPA from 0.4 MTPA to 0.9 MTPA in Surda mine. The
Paste Fill Plant for back-filling the voids of validity of Surda Mining Lease has been extended
Underground mine at MCP to the EPC contractor, till 31.3.2040 by the Government of Jharkhand. EC
M/s Shapoorji Pallonji and Company Private Ltd and was granted by the Ministry of Environment, Forest
the construction work has already commenced at the and Climate Change (MoEF&CC), Delhi for 0.9 MTPA
site. ore production over 323.16 ha on 30.5.2022.
Subsequently, during execution of Mining Lease
2. Khetri & Kolihan Mine (Rajasthan)
deed, it was intimated by DMG, Ranchi on 29.8.2022
The proposed expansion of mines at Western to submit amended EC over 388.68 ha. Accordingly,
Sector would increase ore production capacity from the EC amendment application was made and
existing 1.0 MTPA to 3.0 MTPA. Mine-wise status is MoEF&CC, Delhi recommended the amendment
as under: subject to grant of Forest Clearance (FC) over
a) Kolihan Mine: Shaft sinking and creation of ore balance 65.52 ha forest area within the mining lease.
handling facilities below 0 mRL (meter Reduced The present status of forest clearance of
Level) has been under taken to augment the Surda Mining Lease is that PCCF (Nodal), Forest
production capacity to 1.5 MTPA for which EC is Department, Go ver nment of Jharkhand has
already in place. The study report of Geophysical recommended the proposal for Stage-I forest
Exploration work, taken up in FY 2021-22, has shown clearance to the State Government of Jharkhand
possible extension of ore body upto -300mRL and which is pending since 13.4.2023.
the validation drilling is being carried out to confirm
the prediction as well as for assessment of grade of 4. Re-opening of Closed Mines at Indian Copper
ore as per standard practice. Based on outcome of Complex (ICC) Ghatsila (Jharkhand)
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The Company has initiated action to re-open the copper producer in the country which produces refined
closed mines, development of new underground mine copper from its own mined ore.
at Singhbum Copper Belt of ICC namely, Kendadih
and Rakha mines. Mine-wise status is given below: SMELTING
a) Kendadih Mine: Kendadih mine was reopened in Hindustan Copper Limited (HCL) was the sole
producer of refined copper till 1995 and the focus
December, 2017 with commissioning of winders after
was on vertical integration so that the entire quantity
completion of dewatering of the mine. Production
of ore produced in its mines was converted into
contract has been awarded on 6.7.2021. Development copper cathode and ultimately, wire rod. After
activities and ore production were started, but the liberalisation of the economy, the copper segment of
performance of the contract was not at all satisfactory industry has transformed significantly. Currently,
as a result the said contract has been terminated on three major players dominate the Indian Copper
Industry. Hindustan Copper Limited (HCL) in Public
25.05.2023.
Sector combined with M/s Hindalco Industries Ltd
b) Rakha Mine: Rakha Mining Lease has expired on and M/s Sterlite of Private Sector, have current total
28.8.2021 and Application for extension of lease for installed refined copper capacity of about 10.28 lakh
further period of 20 years beyond 28.8.2021 was tonnes. Details regarding capacity of copper smelter
submitted to the office of DC, Government of are reflected in Table-12.
Jharkhand on 30.4.2020. In response t o the Table – 12 : Capacity of Copper Smelters
application for extension of Rakha Mining Lease, (Quantity in '000 tonnes)
Govt. of Jharkhand has intimated that it is under Company/Location Type of Copper Annual
process/consideration as per Statute. Producer Capacity
TOTAL 1028.5
Simultaneously, for engagement of MDO (Mine
1 . Hindustan Copper CPSE 68.5
Developer cum Operator) for re-opening and Ltd, (integrated producer)
expansion of Rakha Copper Mine, development of a Ghatsila, Jharkhand &
new underground mine at Chapri Block to produce 3 Jhagadia, Gujarat
MTPA of ore and erection & commissioning of a 2. Hindalco Industries Private 500
matching capacity new Concentrator Plant at ICC, Ltd, (Port based custom
the Company has appointed Transaction Advisor for Dahej, Distt. Bharuch, smelter)
preparation of tender document and Mine Service Gujarat.
Agreement (MSA). For selection of MDO, tendering 3. Sterlite Industries Private 460
action has been taken and web hosted in the platform Tuticorin, TamilNadu, (Port based custom
of M/s MSTC. Pre-bid meeting has been conducted & Silvasa, Daman smelter)
and Diu.
on 15.2.2023 wherein four prospective bidders
participated. Tendering action is in process. HCL has two primary smelting & refining plants
at KCC and ICC. However, due to economic
HCL hold around two-fifths of the copper ore considerations the Company suspended KCC's
reserves and resources in India with an average grade smelting and refinery operation from December 2008.
1.32%. As on 1.4.2022, HCL has reserves (proved & HCL has one secondary copper smelter in Bharuch
probable) of about 2.73 million tonnes in terms of copper district, Gujarat. HCL also has one continuous
metal and total reserves and resource of 6.18 million casting plant of copper wire rod, namely, Taloja
tonnes in terms of copper metal (i. e., 631.85 million Copper Project (TCP) with 60,000 tonnes per annum
tonnes of ore with average grade of 0.99% based on capacity at Taloja, Maharashtra.
UNFC system). HCL is the only vertically integrated Hindalco at Dahej in Gujarat and Sterlite
Industries in Thoothukudi (plant at Tuticorin in Tamil
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COPPER
Nadu (which is closed since May 2018) have set up system from high voltage transmission cables to
port-based smelting and refining plants which micro-circuits. Copper also has relatively high creep
depend on imported copper concentrates either from strength as compared to other commonly used
their own mines abroad or other overseas sources. materials. In Electronic Industry, semi-conductor
Bes ides, there are a few small companies which manufacturers have launched a revolutionary
produce Electrowon copper but their capacities are 'copper chip'. By using copper for circuitry in silicon
very low and production is inconsistent. chips, microprocessors are able to operate at higher
speeds using less energy. Copper heatsinks help
remove heat from transistors and enable computer
RECYCLING OF COPPER speeds using less energy, and processors operate at
peak efficiency. Copper is used in Construction
Copper scrap is traded in the form of new scrap
Industry as plumbing, taps, valves and fittings
generated from copper smelters, copper workings as
components.
well as old scrap recovered from electrical motors,
electronic equipment, cables, wires, utensils, etc. In Transportation Industry, copper is used in
various components. According to ICSG the world
Copper is one of the most recycled metals of all
Copper Factbook 2023 most cars contain an average
the metals. The recycling of copper scrap is gaining
of 23 kg copper and luxury & hybrid vehicles contain
importance worldwide simply because of the fact that
about 40 kg copper. Copper is extensively used in
recovery of copper metal from scrap requires much
industrial machinery and equipment. It is used in a
less energy than its recovery made from primary
number of consumer products, such as, coinage,
source. Besides, it enables conservation of natural
utensils, fixtures, etc. Large quantities of copper are
resources.
consumed in making copper-based alloys, such as,
In Indian condition, however, collection of scrap
brass and bronze.
is in the Unorganised Sector and there is paucity of
factual data in this regard. Still, as per the licences
granted by Central Pollution Control Board as on
CONSUMPTION
13.05.2010, there were 35 units operating in different
States with a combined capacity of 2.42 lakh per As per the estimate of ICSG, the share of
annum for handling different types of scrap. Electrical and Telecommunication Industry in total
consumption is 56%, followed by Transport (8%),
In addition, there are 132 units with combined
Consumer Durables (7%), Building & Construction
capacity of 5.17 lakh tonnes per annum which recover
(7%), General Engineering goods (6%) and other
copper along with other metals. As per the estimates
industries including Process Industries (16%). The
made in the Market Survey on Copper published by
ap parent availab ility of cop per f or intern al
IBM, production of 1.07 lakh tonnes per annum of
co nsumption in vario us in dus tries has been
secondary copper was reported and all of which have
computed on the basis of production of refined
been from the Organised Sector in the country.
copper (cathodes) and from the imports and exports
USES data of copper (refined). Copper is also traded in the
form of alloys but has not been considered for
Electrical/Electronic Industry is by far the largest arriving at apparent availability of copper. During
consumer of copper, where it is used in the form of 2021-22, the imports of refined copper were more than
cables, winding wires as it is the best non-precious the exports. The apparent availability of refined
metal conductor of electricity as it encounters much copper increased from 4,30,288 tonnes in 2020-21
less resistance and is safe for electrical distribution to 5,14,545 tonnes in 2021-22 (Table-13).
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Table – 13: Apparent Availability of Copper for the previous year. China was the largest producer of
Domestic Consumption refined copper with 10.49 million tonnes in the year
(Based on Production of Refined Copper, 2021 (42% of world production) followed by Chile
Imports and Exports) 2.27 million tonnes (9%), Japan 1.52 million tonnes
(Quantity in tonnes) (6%), Dem. Rep. of Congo 1.30 million tonnes (5%)
and Russia & USA (4% each), etc.
Item 2020-21 2021-22 (P)
In 2022, China accounted for almost 50% of world
I) Total Production* 363609 48 39 94 copper smelter production, followed by Japan (7.4%),
Chile (5.2%) and Russia (4.6%). China was also the
(Cathodes)
largest consumer of refined copper in 2022 with apparent
II) Total Imports 155038 13 85 31 usage of around 14.7 million tonnes as per International
copper Study Group (ICSG).
(copper refined)
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Most notably, Chinalco Southeast Copper Co., Ltd. Congo, Dem. Rep. of 1420386 1601208 1797836
finished construction of a new refinery with an an-
China 1683700 1723100 1750000
nual cathode production capacity of 4,00,000 tonnes,
and Guangxi Nanguo Copper Co. completed a USA 1260000 1200000 1230000
3,00,000 tonnes per year expansion.
Russia 812400 924100 900000
in 2017, and refined copper production rose by 15% Other countries 4500871 4612857 4675046
to 9,53,000 tonnes from 830,000 tonnes. From Source: BGS, World Mineral Production, 2017-21.
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COPPER
September 2015 until November 2017, ore process- only copper operation in Panama and the only major
ing at Kamoto was suspended while Katanga Min- worldwide copper project expected to initiate pro-
ing completed the first phase of capacity expansion duction in 2018) would begin ramping up in the fourth
project. Cathode production resumed in December quarter of the year. The project was nearing comple-
2017, and the final components of the second phase tion at year-end 2018, with first production expected
of expansion were completed and began ramping up in early 2019. First Quantum projected that Cobre
in the fourth quarter of 2018. Output of SX–EW cath- Panama would produce 3,00,000 tonnes per year of
ode increased by 1,50,000 tonnes in 2018 and was copper in concentrates by 2021.
expected to increase by roughly 1,35,000 tonnes in
2019. Peru
In 2018, 4 of the leading 20 copper mines in the
Indonesia world were located in Peru, and mine production of
copper was essentially unchanged at 2.44 million
In December 2018, Freeport reached an agree-
tonnes. At the Antamina Mine, copper output rose by
ment with the Government of Indonesia for an exten-
6% (23,600 tonnes) to 4,46,000 tonnes because of in-
sion of the mining licence at the Grasberg Mine (third-
creased copper ore grades compared with those in 2017.
ranked) through 2031, which had been set to expire
Higher production at Antamina was offset by reduced
in 2021. The licence would be valid through 2041
output from other leading copper mines in Peru. Owing
once the Company constructed a new smelter in In-
to lower copper recovery rates, production at the Cerro
donesia and fulfilled other fiscal obligations. As part
Verde Mine.
of the agreement, Freeport divested a portion of its
90.64% ownership in the mine to PT Inalum, an Indo-
nesian state-owned firm, and held a 48.76% stake Russia
following the transaction. The Company’s license to Refined copper production rose by 8% in 2018 to
export copper concentrates would require approval an estimated 1.03 million tonnes from 9,56,000 tonnes
by the Government of Indonesia every 6 months, in 2017. PJSCMMC Norilsk Nickel, which owned mul-
depending on smelter construction progress. Pro- tiple refineries that accounted for roughly 40% of the
duction of mined copper at Grasberg increased by refined copper capacity in Russia, reported refined out-
18% to 5,26,000 tonnes in 2018 from 4,46,000 tonnes put of 4,26,000 tonnes from its Russian operations, an
in 2017, when operations were affected by multiple increase of 47,300 tonnes (13%) from that in 2017.
disruptions related to restrictions on copper con-
centrate exports. Freeport expected production from
Zambia
the underground portion of the mine to commence in
In 2018, output of mined copper increased by 60,000
the first half of 2019 and anticipated that mine out-
tonnes (8%) to 8,54,000 tonnes from 7,94,000 tonnes in
put would be lower than that in 2018 during the tran-
2017. Production at some of the leading copper mines
sition from open pit to underground operations in
in Zambia was as follows: the Kansanshi Mine, Sentnel
2019 and 2020.
Mine and Lumwana Mine.The combined output of these
three operations was equivalent to 68% of the country’s
Panama total mined copper in 2018 and rose by 19,200 tonnes
A partial strike at the Cobre Panama project be- compared with production in 2017.
gan on March 9 and ended on March 26. First Quan-
tum had previously anticipated that the mine (the
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FOREIGN TRADE
Imports
Exports
The imports of copper in the country are in the
The exports of copper from India are in various
form of copper ore & concentrates, refined copper,
forms, such as, copper ores & concentrates, refined
copper & alloys, brass & bronze, scrap, cement copper,
copper, copper & alloys, alloys of copper, blister &
mattes, blister, worked (bars, rods & plates), copper
other unrefined copper, copper alloys, brass & bronze,
powder & flakes, etc.
scrap, cement copper, mattes and powder & flakes.
Exports of copper ores & concentrates decreased During the year 2021-22, imports of copper ores &
considerably by 58% to 34,827 tonnes during 2021-22 concentrates increased drastially by 145% to 10,18,934
from 82,463 tonnes in 2020-21. The export were mainly tonnes as compared to 4,15,136 tonnes in 2020-21. Chile
to Philippines (64%) followed by China (28%) and with a share of 37% was the leading supplier followed
Malaysia (8%). Exports of refined copper increased by Indonesia (20%), Peru (12%), Australia (11%),
substantially by 22% to 1,07,980 tonnes in 2021-22 from Panama Republic (9%), Saudi Arabia (4%) and Canada
88,359 tonnes in 2020-21. Exports of refined copper & Brazil (3% each). While imports of refined copper
were mainly to China (89%), Singapore (6%) and decreased by 11% to 1,38,531 tonnes in 2021-22 from
Republic of Korea (3%). The total exports of copper & 1,55,038 tonnes in 2020-21. Japan was the leading
alloys (including brass & bronze) were at 2,46,963 supplier of refined copper with share of 86% followed
tonnes in 2021-22 as against 2,09,332 tonnes in 2020- by Tanzania (7%) and UAE (3%) . Out of the total
21. Export of copper (scrap) were at 18,244 tonnes in imports in 2021-22, copper & alloys comprised 5,53,443
2021-22 as against 7,290 tonnes in 2020-21 (Tables-16 tonnes and copper (scrap) 1,16,755 tonnes (Tables - 33
to 32). to 42).
Canada ++ ++ ++ 9
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Table – 18: Exports of Copper & Alloys Table – 19: Exports of Copper (Scrap)
(Including Brass & Bronze) : Total (By Countries)
(By Countries)
2020-21 (R) 2021-22 (P)
2020-21 (R) 2021-22 (P) Country
Qt y Value Qt y Value
Country
Qt y Value Qt y Value (t) ( 000) (t) ( 000)
(t) ( 000) (t ) ( 000)
All Cou ntri es 7 2 9 0 297 7 83 4 1 824 4 83 12 55 0
All Countries 209332 102064524 24 69 63 171342596
China 2 25 2 11 72 55 3 132 86 54 44 9 91
China 138740 57637004 145530 90126841
Japan 634 246012 1 01 9 6 2 19 4 8
USA 14536 12160651 20238 21452759
UAE 88 34 568 868 5 6 98 6 2
Qatar 2690 1459 572 9037 6661 402
Korea, Rep. of 2 95 3 9 3 85 4 4 1349 565890
Singapore 200 14 79 77 7238 5338 856
Malaysia 432 2 2 37 7 0 643 4 5 36 2 5
UAE 4664 2680 903 6225 4607 590
Spain 555 2 1 74 3 1 254 1 5 61 6 8
Korea, Rep. of 9679 2185 298 12819 4362 692
Germany 1885 1608 456 3094 3195 374 Germany 95 40 957 245 1 4 28 6 4
Saudi Arabia 3301 2232 114 4170 3185 402 Nepal 1 680 152 1 0 09 4 4
Other countries 30371 19076445 34708 28071457 Other countries 251 9 481 9 215 1 2 83 9 2
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Table – 20: Exports of Copper & Alloys Table – 22: Exports of Brass & Bronze (Scrap)
(By Countries) (By Countries)
All Cou ntri es 61018 30956 1 69 5 6 9 63 4 1 2457 9 3 All Cou ntri es 8 54 7 5 638 5 60 13 132 114545 22
China 36171 116529 4 4 2 61 8 8 12 1 41 37 7 USA 1 54 1 12 86 50 5 2 78 0 27 22 3 57
USA 6 68 5 5853 2 3 5 1 11 1 0 11 3 69 46 0 UAE 1 54 9 8 5 94 9 4 1 79 2 137 3 7 48
Saudi Arabia 2 08 0 1414 8 6 5 1 9 7 8 1 5 4 0 88 0 Canada 445 314201 753 670805
UAE 1 73 9 1087 4 7 8 1 9 6 2 1 4 3 5 40 9 Saudi Arabia 213 1 3 18 1 4 821 653580
Germany 933 904192 1 2 1 9 1 4 3 2 08 0 Germany 71 58 619 500 493042
Indonesia 1 31 6 914448 1 8 9 4 1 3 4 9 82 4 Egyp t 116 71 374 596 490385
UK 1 13 6 1067 6 1 0 9 7 0 1 3 2 4 51 8 Korea, Rep. of 685 3 8 54 5 6 703 469447
Canada 516 473011 824 855645 Thailand 373 216899 552 388171
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Table – 24: Exports of Copper Mattes Table – 26: Exports of Copper Powder & Flakes
(By Countries) (By Countries)
Nepal ++ 14 ++ 68
Thailand 10 6154 8 6747
Bangladesh -- -- ++ 41
Germany ++ 8 ++ 2
Malaysia ++ 298 2 1464
USA -- - ++ 1
Reunion -- - ++ ++
Japan ++ 427 ++ 623
Other countries 1 315 ++ ++
-
Figures rounded off Mexico -- -- ++ 405
All Cou ntri es 14934 1110 3826 1 5 7 49 1 5 9620 4 4 Figures rounded off
USA 6 17 6 4943 7 6 3 6 1 4 5 7 1 6 4 22 4
Germany 461 455155 741 909735 Table – 27: Exports of Blister & Other
UK 659 623998 719 903957 Unrefined Copper
Saudi Arabia 938 637328 1071 817682 (By Countries)
Thailand 771 534777 977 767655 2020-21 (R) 2021-22 (P)
Country
UAE 712 432449 725 576050 Qt y Value Qt y Value
Colombia 328 185839 525 330759 (t) ( 000) (t) ( 000)
Australia 314 223086 232 262655 All Countries 1027 491605 5169 3608670
Ita ly 195 147233 274 258704 China 1027 4916 05 5169 3608 670
Slovenia 25 2 45 0 8 267 238785
Other countries 4 35 5 2895 6 9 0 4 0 7 3 3 7 3 1 83 8
5-18
COPPER
Netherlands 1 852 27 2 22 3 0
Belgium 25 1 17 9 7 156 1 2 52 0 4
USA 82 3 81 5 3 134 9 21 43
Nepal 87 3 20 1 4 60 3 26 55
UAE 24 1 38 6 4 42 23 648
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Nigeria ++ 50 ++ 159
Senegal -- -- ++ 6
UAE -- -- ++ ++
South Africa ++ 39 -- --
Kazakistan ++ 17 -- --
Australia ++ 12 -- --
Figures rounded off
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Canada 203 86 2 9 69 66 1 3 0 90 2 90 29 1 13
Brazil - - 3 0 53 2 66 98 4 92
Congo -- - 25 2771
Tanzania 4736 2 45 1 9 1 1 9 43 7 69 41 8 77
UAE 150 5 1 7 77 1 5 0 8 4 44 3 16 53 5 38
China 41 2 3 67 6 325 1 6 15 1 5
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COPPER
5-22
COPPER
UAE 7 38 8 3 1 94 76 6 1 16 6 5 7 066 83 9
Kuwait 6 19 1 2 7 55 41 0 1 20 47 68 72 186
UK 12402 2 3 29 22 3 1 21 9 5 4 138 95 1
Malaysia 3 17 3 1 26 5 4 7 0 1782 8 4 35 9 9
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COPPER
All i te ms 4 9 63 5 8 2 61 48 3 0 27 5 5 34 4 3 3 92 1 774 7 0
Blister & Other Unrefined Copper 7 77 0 2 3 9 9374 5 4 1 0 34 5 6 755 47 984
Copper & Alloys :Workered
(Bars, Rods, Plates, etc.) 8 34 3 8 4 4 6959 0 4 95 25 8 7 07459 86
Copper & Alloys :Worked, Nes 6334 64 4 8 8 30 8175 104 41 584
Copper Alloys: Unwrought Excl.
Brass & Bronze 993 587326 748 7 3 51 6 0
Copper Mattes 3 1159 0 2 09 0
Copper Powder & Flakes 702 563996 928 9 6 17 0 0
Copper Refined Copper Worked 9 33 1 9 5 0 3766 0 5 1 0 96 2 8 752 71 271
Electroplated Anode of Nickel 7 87 2 4 4 0 5341 4 4 96 48 8 6 86009 51
Master Alloys of Copper 105 7 9 1 60 231 2 1 45 6 3
Refined Copper 1 5 50 3 8 7 8 2584 4 9 138531 8 96561 81
Figures rounded off
5-24
COPPER
Table – 42 : Imports of Copper & Alloys : Worked (Bars, Rods, Plates, etc.)
(By Countries)
FUTURE OUTLOOK
HCL during FY 2020-21 had envisaged to enhance to increase. The per capita copper consumption of China
the ore production capacity from the current level of is 6 kg and world average is 3.2 kg. As per ICSG press
4.24 million tonnes per annum (MTPA) to 12.20 MTPA release, World refined copper production is forecast to
by FY 2028-29 in its mines, namely, Malanjkhand, Khetri, rise by about 3.8% in 2023 and 4.6% in 2024 & World
Kolihan, etc. to increase production. Apart from this apparent refined copper usage is expected to increase
the Company has initiated action to re-open the closed by about 2% in 2023 and 2.7% in 2024.
mines, development of new underground mine at Based on parameters, such as, resource/reserve
Singhbum Copper Belt of ICC, namely, Kendadih and position in the country, production, import dependency,
Rakha mines. use for future technology/ clean energy, etc., copper
The corrosion-resistant properties of copper and has been identified as a critical mineral in India. The
copper alloys (such as brass, bronze and copper-nickel) Central Government is working towards creating a
make them especially suitable for use in marine sustainable scrap recycling ecosystem. In this regard,
and other demanding environments. Vessels, tanks and ministry has issued a National non-ferrous metal scrap
piping exposed to seawater, propellers, oil platforms recycling framework, 2020, including copper, in a bid to
and coastal power stations, all depend on copper’s cut down the scrap imports. In 2022, ICSG estimated
corrosion resistance for protection. Copper demand in that 32% of global copper use would come from recycled
India is expected to grow at 6–7% due to increased thrust copper. Refined copper usage (usage by semis plants
of Government of India towards "Make in India" and or the first users of copper) in 2022 reached 26.1 million
"Smart City" programmes and increased investments in tonnes. China was also the largest consumer of refined
railways, power, defence and infrastructure sectors copper in 2022 with apparent usage of around 14.7
would drive the demand for copper in the country. million tonnes.
Demand is expected to show significant growth The market for Electric Vehicles (EVs) and renewable
considering the initiatives, such as, development of energies are expected to witness growth in coming years
industrial corridors, smart city project, housing for all as Government incentives continue around the world.
Indians, National Highway development project, Rail Copper is essential to EV technology and its sup-
project, defence production policy to encourage porting infrastructure. The evolving market will have
indigenous manufacturing, India energy plan 2022–100 a substantial impact on copper demand. The increase
GW solar, 32 GW wind, 260 GW thermal & nuclear, 62 in the electric vehicles in the market will significantly
GW hydro etc. that are vigourosly pursued by the impact the demand for copper. The projected demand
Government. In addition to this, there is plan for green for copper due to electric vehicles is expected to
energy corridor for transmission of renewable energy. increase by 1.7 million tonnes by 2027. A new generation
The per capita copper consumption in India is expected of high performance copper alloy wire is attracting
attention of the Electronic Industry.
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