Europe puts increasing focus on South American, African copper, sources say

Participants in the European copper market are increasingly turning to alternative sources of copper cathodes to meet their supply needs, following the steep increase in annual premiums for material from domestic producers, Fastmarkets has heard.

These alternative cathodes include Africa-origin equivalent (EQ) cathodes and copper cathodes produced in South America.

The high prices in 2023 long-term contracts, up by 85% year on year, meant that...


Albert Mackenzie

February 23, 2023

16:40 GMT