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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.
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.
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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 Cost From Copper Sulfide Ore via Pyrometallurgy: This report presents the detailed production methodology and cost analysis of copper industrial production across copper manufacturing plants. Copper extraction involves mining and crushing ore into the sand. A liquid is added to create a slurry which is froth floated to separate gangue from copper. The resulting copper-rich froth is filtered and smelted at high temperatures to develop anode slabs. Further, by refining these using electrolysis, pure copper cathodes are produced.
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2. Copper Production Cost From Copper Oxide Ore via Hydrometallurgy: This report provides the thorough economics of copper industrial production across copper manufacturing plants. The process starts with extracting ores from open pits, which are then transported to processing sites. The ores are crushed into smaller sizes at these sites and subjected to heap leaching. Dilute sulfuric acid dissolves copper from the ores, producing a pregnant leach solution. This solution is collected and subjected to solvent extraction, where an immiscible solvent separates the copper from the leach solution. The copper is then subjected to 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 is a chemical element represented by the symbol Cu and has an atomic number of 29. With a density of 8.96, copper is both soft and rigid and can quickly form alloys like bronze and brass when mixed with other metals. Bronze is made of tin and copper, while brass is made of zinc and copper. Copper and brass are highly recyclable, with up to 70% of copper in use having been recycled at least once. Copper is an essential element for humans, as it helps enzymes transfer energy within cells. However, excessive copper intake can be toxic. Additionally, copper has antibacterial properties and can be used in public places such as pubs as an alternative to doorknobs, handrails, and finger plates, which can help to prevent the spread of bacteria.
Market Drivers:
Copper sulfate is a widely used water purifier for removing agricultural toxins. It also has applications in manufacturing wires as it is an excellent conductor of electricity and corrosion resistant. The telecommunications industry prefers twisted copper wires manufactured using it, which is utilized in the wiring of LAN cables. Copper is essential for making electronic components like microchips, wiring, and circuit boards. It's used in phones, computers, and TVs. Furthermore, it is a highly desirable material in the construction industry for producing tubing due to its malleability and solderability. It is also resistant to corrosion, making it a popular choice for saltwater transportation. Copper's thermal properties make it ideal for use in cookware, air conditioner units, heat sinks, and refrigeration units.
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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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Owing to its superior electrical conductivity, low resistance, and durability, copper is commonly employed in electrical wiring and conductors.