Copper production in Peru, Panama to offset lower output in Indonesia, Zambia

After having grown by 2.5% in 2018, global copper production is expected to remain essentially unchanged this year, but will grow by 1.9% in 2020, the International Copper Study Group (ICSG) said in its ‘Copper Market Forecast for 2019/20’, released on Monday.

ICSG met with global copper industry stakeholders on May 9 and 10 to discuss key issues affecting the global copper market.