All posts tagged: copper concentrate

It’s worth mentioning that during the first quarter of 2021, TC decreased by a 17% average monthly rate and recorded the least amount of the recent decade. With the help of Chinese smelters’ closing down and demands dropping, TC increased, and over the last quarter of 2022, owing to the shortage of concentrate supply without any changes it remained at high levels.

Key mines of Chile and Peru faced production disruptions due to heavy rains and indigenous protests, and this matter caused a drop in production and exacerbating the supply deficit of copper concentrate in Indonesia’s mines last year. Therefore, the drop in concentrate production was one of the crucial reasons for TC’s upward trend all over 2022.