Market Research Report
Copper Mining in Indonesia to 2023
|Published by||GlobalData||Product code||917879|
|Published||Content info||38 Pages
Delivery time: 1-2 business days
|Copper Mining in Indonesia to 2023|
|Published: November 30, 2019||Content info: 38 Pages||
GlobalData's "Copper Mining in Indonesia to 2023" comprehensively covers Indonesia's reserves of copper, historic and forecast trends in the country's copper production and the key active, exploration and development copper mines and projects. The report also analyses factors affecting the country's demand for copper, and profiles the major copper producers.
After a sharp decline in 2017, Indonesia's copper production is estimated to have recovered by 5% to 653.4 thousand tonnes (kt) in 2018. The increase was primarily supported by an 18% rise in production from the Grasberg minerals district, which hosts the Grasberg Open Pit, the Deep Ore Zone, the Big Gossan, and the Deep Mill Level Zone mines. The Grasberg open pit mine is the country's largest copper producing mine.
It is currently undergoing a planned transition to underground operations and, while mining activities have partially commenced, the transition is having a significant impact on the country's overall production levels. Initially, the country's copper production is expected to fall by a significant 42.1% to 378.3kt in 2019, and then by an additional 2.4% to 369.4kt in 2020. Subsequently, the full ramp-up of the Grasberg underground mine will support growth in the country's production levels to 701.9kt in 2023, with daily average production capacity at the mine gradually increasing from 30kt in 2020 to 130kt in 2023.