The latest report titled “Copper Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Copper.
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Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Copper production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Copper Production Process:
1. Copper Production From Copper Sulfide Ore via Pyrometallurgy: This report presents the extensive cost requirement of copper industrial production across copper manufacturing plants from copper sulfide ore via pyrometallurgy. In the process, mined and crushed fine sand of the ores is transported, after which it is mixed with a liquid making a slurry. This slurry undergoes a process of froth floatation that separates the undesirable gangue from the copper. Next, the copper-rich froth goes into thickeners, which are huge tanks creating the solid from the froth settle, filtering the copper and mixing other metals. Later, the concentrate goes through smelting and the molten copper matte produced is then sent to a converter, to an anode smelter where molten anode copper is made and cooled, forming anode slabs that get refined using electrolysis, resulting in pure copper plated cathodes at last.
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2. Copper Production From Copper Oxide Ore via Hydrometallurgy: This report presents the detailed production methodology and cost analysis of copper industrial production across copper manufacturing plants from copper oxide ore via hydrometallurgy. The ores from open pits are mined, transported and crushed. After this, the crushed ores undergo heap leaching, where dilute sulfuric acid helps dissolve the copper from the ores. The final solution of sulfuric acid and copper, named pregnant leach solution, is then collected. Following this, solvent extraction takes place where the pregnant leach solution, along with an immiscible solvent, migrates copper from the leach solution to the solvent, after which the two liquids are separated. Finally, the solution goes through electrowinning or electrolysis, with the copper solution as an electrolyte, resulting in pure copper on the cathode plate.
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Product Definition:
Copper (Cu) is a reddish chemical element with a face-centred cubic crystalline structure. In nature, it is found in a free metallic state and is vital for the overall health of animals, humans, and plants. It can also be found in food items like almonds, beans, chocolate, broccoli, garlic, peas, soybeans, whole wheat products and seafood.
Market Drivers:
Copper is mainly used for making electrical equipment; construction like roofing and plumbing; commercial machinery such as heat exchangers and alloys, including brass, bronze, copper-tin-zinc, etc. Furthermore, sulfate is extensively used as an agricultural poison and as an algicide in water purification. Other end-uses include making cooking foil, cans, semiconductor manufacture, saucepans, planes, and space vehicles.
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About Us:
Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.
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We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.
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