Copper
is a major industrial metal, an essential mineral, element, and possesses high
ductility, malleability, thermal conductivity, electrical conductivity and
resistance to corrosion. Copper is found in deposits of raw ore in many parts
of the world, however, small amounts of copper are occasionally found as
distorted cubic crystal chunks. Copper metal is recognized as the center of
technological advancement with its wide range of applications. It is used in
the production of brass, copper sheet products, copper tubes and is used in
manufacture of more than 450 alloys on a global scale. Copper cathode in Europe
is manufactured using copper with purity of more than 95%. It is the chief raw
material used in the production of copper rod, which is utilized in several
industries for various production processes due to its excellent electrical
conductivity.
According
to the study “Europe
Copper Cathode Industry Situation and Prospects Research Report”, refining process is one of the major
processes for manufacture of copper cathode which removes the impurities from
copper ore. Europe copper cathode market is segmented based on refining
processes such as smelting and electro-refining. Smelting is a process of
extracting pure form of copper from crude ore. This process utilizes heat and
chemical reducing agent for decomposition of copper ore, elimination of
unwanted slag, and other elements to obtaining pure copper cathode. Refining
copper ore in the presence of aqueous solution for extracting pure form of
copper cathode at its maximum is termed as electro-refining. Copper cathode is
used in oil industry, gas industry, chemical labs, and various other industries
such as power generation, telecommunications, electronic circuits, power
transmission, and various types of electrical equipment. Copper cathode
manufactured is a good conductor of electricity and possesses good resistance
characteristics.
Major
research is carried out in electro-refining process to reduce cost and to
recover valuable impurities such as gold, silver, and nickel from crude ores.
Geographically, Europe copper cathode industry is spread across Germany,
Russia, UK, France, Italy and other regions. Various products types in Europe’s
copper cathode market are standard quality level and high quality level. Copper
cathode is used in manufacturing of conductors, electronic products and in
other industries. The global players in European copper cathode industry are
Freeport McMoran (USA), Aurubis (Germany), Jiangxi Copper Company (China),
Glencore Xstrata (Switzerland), Tongling (China), Southern Copper (Peru), JX
holdings (Japan), Sumitomo (Japan) and BHP Billiton (USA). All the leading
vendors in Europe’s copper cathode industry are increasingly investing on
research to manufacture more long-term reliable copper cathodes.
The
key market challenges in Europe’s copper cathode market are poor resistance to
abrasion, common acids and low tensile strength. The capital investment for
electro-refining process in copper cathode industry is very high and has
shorter life expectancy. Copper cathode possesses high ductility properties
compared to other metals with the exception of silver and gold. The market for
copper cathode industry in Europe is extensive due to evolution in
industrialization and development of its existing infrastructure. This trend
will continue over the next few years due to increased consumption in Europe.
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