The Three-year Plan For High-quality Development Of Copper Industry Is To Cultivate World-class Large Copper Enterprise Groups
In order to solve major problems, such as insufficient resource guarantee capacity of our copper industry, as well as the demand for industrial structure, the Ministry of Industry and Information Technology, the National Development and Reform Commission and 11 other departments recently jointly issued the department "Copper Industry High Quality" Development Implementation Plan (2025-2027)” (hereinafter referred to as the “Implementation Plan”).
The "Implementation Plan" has deployed 12 key tasks in five aspects, including strengthening the domestic raw material assurance foundation, promoting structural adjustment, improving industrial innovation capabilities, promoting the development of green and intelligent industries, and improving the level of open cooperation.
Relevant personnel in charge of the Raw Materials Department of the Ministry of Industry and Information Technology said that the release of the "Implementation Plan" is to coordinate high-quality development and high-level security issuance, so that the advantages of my country's copper industry can fully play a role, such as a good foundation and a huge market size. And accelerate the development of high-end, green and intelligent in the industry. , provides a solid foundation for promoting new industrialization and establishing manufacturing capabilities.
Clarify development goals>
Copper is an important basic raw material and a strategic resource involving the national economy, people's livelihood and national economic development.
In recent years, the copper industry in our country has developed rapidly and has become the world's largest copper product manufacturer and consumer. In 2024, the output of refined copper and copper processing materials will be the highest in the world, at 13.64 million tons and 23.5 million tons respectively, which will strongly support the development of strategic emerging industries such as new energy and new generation information.
Ge, chairman of the China Non-Product Metals Industry Association, said that copper is widely used in various fields of the national economy, such as electricity, electronic information, equipment manufacturing, transportation, construction and household appliances. It is also a new energy source, battery, energy battery and a new generation of electronic products. Important functional materials in the field of information, defense and military industries. After decades of development, China's copper industry has achieved outstanding results in industrial scale, product structure and equipment technology level, ensuring the rapid development of the national economy, and providing strong support for emerging strategic emerging industries.
Ge stressed that in the face of multiple challenges, such as reshaping the global industrial chain and supply chain and internalization of the industry, it is necessary to comprehensively coordinate the planning of cnc machining manufacturers, take innovation as the basic driving force, improve the ability to ensure raw materials, and standardize the development order. And promote the industry toward high-end and intelligent development stages of green and green development.
The implementation plan proposes that by 2027, the resilience and security levels of the copper industry chain and supply chain will be significantly improved. In terms of raw material assurance, we will strive to increase domestic copper ore resources by 5%-10%, and further improve the recycling and utilization level of recycled copper; in terms of technological innovation, we will strive to increase the number of domestic copper ore resources by increasing the number of domestic copper ore resources by technology. 5%-10%, and further improve the recycling and utilization level of recycled copper; break through many green, effective development and the use of key processes of many copper resources and high-end new materials, and significantly improve the manufacturing capacity of high-end equipment ;In terms of industrial upgrading, cultivate many high-quality enterprises and further optimize the industrial structure. Looking ahead to 2035, a development model with a reasonable industrial structure, high level of technological innovation, high quality and efficiency and strong global competitiveness will be formed.
The basic foundation for strengthening domestic raw material guarantee>
At present, the out-of-store rate of raw materials such as copper concentrate in China is relatively high, so it is necessary to improve resource guarantee capacity and flexibility through various channels.
Tian Donggang, deputy general manager of China Aluminum Corporation and chairman of China Copper Co., Ltd., said that in recent years, China's investment in exploration has continued to increase, and to a certain extent, new copper resource reserves have been increased. The production of self-produced copper minerals maintained a growth trend with a growth rate greater than the global average. However, due to the rapid industrialization process of my country and its becoming an important manufacturing center in the world, it has promoted the rapid growth of domestic copper demand, which has led to the widening of the supply gap of copper raw materials. The continued growth of dependence has become the key to limiting the high-quality development of the copper industry.
Zhou Xiao, vice chairman of Jiangxi Copper Group, also believes that the huge consumption scale and rapidly expanding copper smelting production capacity have led to a widening gap in the supply of copper raw materials and the continued increase in dependence on foreign countries. The strategic value of copper has further enhanced its core position in the resource development end, and the competition for international copper resources is becoming increasingly fierce. It is urgent to ensure important mineral resources on the basis of the strategy of ensuring high-quality development.
The “Implementation Plan” proposes specific tasks proposed from three dimensions of increasing storage and production, full utilization and regeneration cycles.
The implementation plan clearly states that through a new round of breakthrough strategic actions to steadily advance mineral exploration, a batch of copper mine resource reserves can be increased. By building a batch of medium-sized and medium-sized copper ore, the sustainable supply capacity of copper ore resources can be improved; by increasing the assessment of relevant resources in copper ore and improving the "three-rate" indicators, we can achieve effective development and utilization of copper ore-related All elements of the resource; by cultivating a group of scrap copper processing and utilization enterprises that meet the standard conditions and are highly competitive and utilize copper-containing products, and by utilizing copper-containing products that meet the standard conditions and are highly competitive. Copper smelting enterprises with secondary resources can improve the recycling level, thereby achieving safe, efficient and coordinated development of the industrial chain and supply chain.
Promote industrial structure adjustment>
In recent years, copper smelting and mid-to-high-end copper treatment materials in our country have expanded rapidly, and even competition among enterprises has intensified. Some regions have great pressure on resources and the environment. It is urgent to focus on key links in the industrial chain, optimize structural adjustments and regional layout. Enhance the vitality of the company's development.
In this regard, the "Implementation Plan" proposes three measures. First, promote the orderly development of copper smelting. Recent renovated and expanded copper smelting projects should be implemented in accordance with the benchmark level of “benchmark levels and benchmark energy efficiency levels for major industrial areas (2023). Newly renovated and expanded copper smelting projects should be encouraged to be constructed according to the standard conditions of the copper smelting industry, and the principle of newly built copper smelting projects is required, and the corresponding proportion of the production capacity of stock copper concentrate is required.
The second is to optimize industrial layout. Guidance on the orderly transfer of production capacity to areas with resource and energy advantages and environmental bearing capacity, promote inefficient evacuation production capacity, and no new copper smelting capacity will be added in key areas of air pollution prevention and control. Encourage the coupled development of copper smelting and chemical industries, building materials and other industries to achieve on-site conversion of by-product sulfur. Supports the cultivation of advanced manufacturing clusters in the copper deep treatment industry.
The third is to cultivate high-quality enterprises. Cultivate world-class large copper enterprise groups, increase concentration in copper mining and selection and smelting links, focus on the needs of new key areas such as energy and electronic information, and focus on cultivating “professional, professional and innovative” and “single” "Champion" Copper Industry's enterprise and created a group of internationally competitive high-tech enterprises.
GE said that in recent years, the sound at the copper smelting end has changed from intensity to weaker than the copper resource end. Copper ore processing fees show sharp fluctuations in the decline. The profits of smelting companies usually come from returns from by-products such as sulfuric acid, gold and silver, and their profitability is limited and unsustainable. The reason is that there are some factors that interfere with the supply of mining raw materials, but more of the result of the rapid expansion of domestic smelting capacity and further imbalance in the industrial structure, so it must be adjusted. The "Implementation Plan" clearly proposes strict control of copper smelting capacity and requires the newly built copper smelting capacity to be equipped with corresponding equity copper concentrate production capacity. This is very necessary for the current industry to show signs of "internal conversion".
(This article comes from the first financial day)