Copper production in Africa is expected to maintain a compound annual growth rate of 4.5% by 2024.
Jan 6,2021 15:30
CST
Source:SMM
[copper production in Africa is expected to maintain a compound annual growth rate of 4.5 per cent by 2024] the growth rate of copper production in Africa is expected to pick up in 2022 with the resumption of (Mutanda) and the start of a number of projects. Copper production in the region is expected to reach 2.9 million tons by 2024, maintaining a compound annual growth rate of 4.5 per cent.
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Despite the impact of COVID-19 s epidemic, copper production in Africa is expected to grow slightly in 2020, S & P global market Caizhi reported on December 18. As a result of the blockade measures, most of the operations of the major copper producers in Africa were not affected by the epidemic. In addition, the number of new cases in the Democratic Republic of the Congo and Zambia is low