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China's copper output hits record 5.18 mln tons in 2011

Jan. 20, 2012 (China Knowledge) - China, the world's largest copper consumer, produced a record 5.18 million metric tons of copper last year, 14% more than in 2010, according to the latest statistics released by the National Bureau of Statistics.

In December, the country's copper output rose 8% year on year or 2% month on month to 457,000 million metric tons.

In whole 2011, the country's imports of unwrought copper and copper products amounted to 4.07 million metric tons, down 5.1% from 2010. In addition, the country imported 4.69 million metric tons of waste copper last year, up 7.4% year on year.

China's copper consumption is expected to reach 8.5 million metric tons by 2015, said a senior official from the Ministry of Industry and Information Technology.

Analysts said earlier that the country's copper consumption in 2011 was expected to increase to 6.8 million metric tons from 6.1 million metric tons in 2010.






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