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Copper Producers Hope for 'Urban Mine'

Companies like Nexans are increasingly reusing copper to provide the important material for electrical wire and devices. The need for copper is only expected to increase.

As The Need for Copper Rises, Cable Manufacturers Recycle More

As The Need for Copper Rises, Cable Manufacturers Recycle More
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Rising need for copper prompts cable manufacturers to recycle more

In an industrial suburb of Montreal, sheets of copper move along a conveyor belt suspended four stories above the floor of a foundry - a metals plant - until they drop into a lava-hot furnace. Next come pieces of discarded copper wire.

As the need for copper rises, cable manufacturers recycle more

In an industrial suburb of Montreal, sheets of copper move along a conveyor belt suspended four stories above the floor of a foundry — a metals plant — until they drop into a lava-hot furnace. Next come pieces of discarded copper wire. Out of the furnace comes liquid copper, alight…

Unpacking the conditions for meeting burgeoning copper demand

With copper demand expected to increase from 28.3-million tonnes in 2020 to 41-million tonnes by 2040 at a compound yearly growth rate of 1.85%, and many regions gearing up supply chains for critical metals, JSE & ASX-listed Orion Minerals CEO and MD Errol Smart says it will be the responsible mining companies that will rise to the demand challenge and be competitive in the market. Copper mining sites globally have “less than satisfactory” environmental and social management practices, but funders and offtakers are increasingly supporting mining companies with solid environment, social and governance (ESG) credentials, he tells Mining Weekly.

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