Copper
is an essential mineral, element, and a major industrial metal because of its
high ductility, malleability, thermal conductivity, electrical conductivity and
resistance to corrosion. Copper is found in form of ore in many parts of the
world, however, small amounts of copper are occasionally found in distorted
cubic crystal chunks. Copper metal is also recognized as the center of
technological advancements 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. Copper cathode is manufactured using
copper with purity of more than 95%. Copper 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 “Asia
Copper Cathode Industry Situation and Prospects Research Report”,
copper cathode is manufactured through the refining process, which removes the
impurities from copper ore. Asia copper cathode market is segmented based on
refining processes such as smelting and electro-refining. Extracting pure form
of copper from its ore is termed as smelting. This process uses 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 using 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
is a good conductor of electricity and possesses good resistance
characteristics.
Research
is carried out in electro-refining process to reduce cost and to recover
valuable impurities such as gold, silver, and nickel. Geographically, Asia
copper cathode industry is spread across China, India, Japan, Korea, Saudi
Arabia and other regions. Various products types in Asia’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 leading players in Asia cooper cathode market are Jiangxi
Copper Company, Tongling, JX holdings, Sumitomo and BHP Bill. All the leading
vendors in Asia’s copper cathode industry are increasingly investing on
research to manufacture more long-term reliable copper cathodes.
Major
drawbacks in Asia’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 Asia is extensive due to rapid urbanization,
industrialization and to develop its existing infrastructure. The market is
increasing drastically due to developing efficient and economical smart cities
in Asia. This trend will continue over the next few years due to increased
consumption in Asian economies.
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Ankur
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