The world’s largest copper deposits are found in
- the USA
- China, Indonesia and Russia
- and in Poland,
Growing demand for copper
According to the data published by the consultancy firm CRU International, global copper production in 2013 amounted to 17 966 thousand tonnes, which is 8.4% higher than in 2012. This was the highest growth rate in the last 14 years. In 2013, a significant increase in mine output was reported in Chile, the Democratic Republic of Congo, the USA and in China.
According to CRU International, the consumption of refined copper in 2013 increased by 915 thousand tonnes, or 4.6%, and amounted to 20 612 thousand tonnes. The growth was reported mainly in the developing countries, especially in China, which is the largest consumer of copper in the world (8.8 m. tonnes in 2013, or 42.7% of world consumption). An increase was also recorded in Malaysia, Turkey, Brazil and Thailand, where economic development is accompanied by a growing demand for the red metal. Demand is driven by infrastructural investments, the construction industry and power networks development, as well as by the growing supply of electronics. Demand also increased in France and Germany, where the growth rate was respectively 5.7% and 3.3%. The USA and Canada also had exceptionaly growth, respectively by 3.0% and 2.6%.