ICSG Directory Highlights Copper Capacity Outlook to 2030
Copper | 2026-03-26 07:56:22
The updated directory covers more than 1,400 facilities worldwide, detailing mine, smelter, and refinery capacities along with project developments, ownership changes, and long-term trends.
By Paul Ploumis
SEATTLE (Scrap Monster): The International Copper Study Group (ICSG) has released the latest edition of its biannual Directory of Copper Mines, Smelters and Refineries, offering a comprehensive overview of global copper production capacity through 2030.
The updated directory covers more than 1,400 facilities worldwide, detailing mine, smelter, and refinery capacities along with project developments, ownership changes, and long-term trends. It includes extensive data on capacity distribution by country, operational status, and processing type, supported by charts and tables.
According to the report, global copper mine capacity is projected to grow at an average annual rate of 3.6% between 2026 and 2030, driven by expansions and new projects such as Centinela, Lumwana, and Reko Diq. Smelter capacity is expected to increase by 2.6% annually, with China continuing to dominate global growth, accounting for nearly half of capacity additions through 2030.
Refinery capacity is forecast to rise by 2.2% annually, supported by both electrolytic and SX-EW technologies. The report also highlights rising investments in recycling and secondary production, as well as growing interest in seabed mining.
ICSG noted that while capacity trends indicate strong growth potential, actual production may vary due to operational and external challenges.
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Frequently Asked Questions
- What does the ICSG directory cover?
It provides detailed data on over 1,400 copper mines, smelters, and refineries, including capacity and project developments.
- How fast is global copper mine capacity expected to grow?
It is projected to grow at an average annual rate of 3.6% between 2026 and 2030.
- What is the outlook for refinery capacity?
Refinery capacity is forecast to grow by around 2.2% annually, supported by electrolytic and SX-EW technologies.
