What is the Potential for More Copper Fabrication in Zambia?
The copper fabrication industry lies between: (1) the industry that produces copper (as a commodity metal from mined ores as well as from recycling), and (2) the users of copper in finished products such as electronic goods. Copper fabrication invo...
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Format: | Other Financial Sector Study |
Language: | English |
Published: |
World Bank
2012
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Subjects: | |
Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20111227222641 http://hdl.handle.net/10986/2812 |
Summary: | The copper fabrication industry lies
between: (1) the industry that produces copper (as a
commodity metal from mined ores as well as from recycling),
and (2) the users of copper in finished products such as
electronic goods. Copper fabrication involves the
manufacture of products such as copper wire, wire rod,
low-voltage cable, and other copper based semi-manufactures.
Copper is clearly a major input into the copper fabrication
industry. However, aside from this supply relationship, the
copper mining and refining and copper fabrication industries
are almost completely separate, with different drivers,
competitive forces, structures, and economics. The former
produces a fungible commodity which can be sold anywhere and
(in most cases) has a market of last resort in the metal
exchanges, while the latter is highly dependent on customer
demands and needs, stockholding patterns, and technical
requirements. The Government and population of Zambia have
long looked to copper fabrication as a potential opportunity
for adding more value to the country's copper. Zambia
has long held a desire to add more value to its copper, and
the government and wider population believe that copper
fabrication could represent an important source of economic
growth, jobs, and diversification. |
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