Core Insights - China's refined copper (electrolytic copper) production in September 2025 reached 1.266 million tons, marking a year-on-year increase of 10.1% [1] - Cumulative production from January to September 2025 totaled 11.125 million tons, also reflecting a year-on-year increase of 10.0% [1] Production Data Summary - **Alumina**: September production was 7.999 million tons, with a cumulative production of 68.56 million tons, showing a year-on-year growth of 8.7% for September and 8.4% cumulatively [2] - **Ten Nonferrous Metals**: September production stood at 6.945 million tons, with a cumulative total of 61.249 million tons, indicating a year-on-year increase of 2.9% for September and 3% cumulatively [2] - **Refined Copper (Electrolytic Copper)**: As previously mentioned, September production was 1.266 million tons, with a cumulative total of 11.125 million tons, both showing a 10.1% and 10% year-on-year increase respectively [2] - **Aluminum (Electrolytic Aluminum)**: September production was 3.809 million tons, with a cumulative total of 33.968 million tons, reflecting a year-on-year growth of 1.8% for September and 2.2% cumulatively [2] - **Copper Products**: September production reached 2.232 million tons, with a cumulative total of 18.575 million tons, showing a year-on-year increase of 5.9% for September and 9.6% cumulatively [2] - **Aluminum Products**: September production was 5.900 million tons, with a cumulative total of 49.768 million tons, indicating a year-on-year decrease of 1.5% for September and no growth cumulatively [2]

Core Viewpoint - The report highlights the growth in China's refined copper (electrolytic copper) production, indicating a significant increase in output and suggesting a positive investment outlook for the industry [1]. Industry Summary - In August 2025, China's refined copper production reached 1.3 million tons, marking a year-on-year increase of 14.8% [1]. - From January to August 2025, the cumulative production of refined copper in China totaled 9.891 million tons, reflecting a cumulative growth of 10.1% [1]. - The report provides insights into the market status and investment prospects of the electrolytic copper foil industry in China from 2025 to 2031 [1]. Company Summary - Listed companies in the copper industry include Jiangxi Copper (600362), Yunnan Copper (000878), Zijin Mining (601899), Tongling Nonferrous Metals (000630), Western Mining (601168), Baiyin Nonferrous Metals (601212), Chuanjiang New Material (002171), Hailiang Co. (002203), Xinke Materials (600255), and Xiyang Co. (000960) [1].

2020-2025年1-4月中国精炼铜(电解铜)产量统计图 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 上市企业：江西铜业（600362）,云南铜业（000878）,紫金矿业（601899）,铜陵有色（000630）,西部矿 业（601168）,白银有色（601212）,楚江新材（002171）,海亮股份（002203）,鑫科材料（600255）,锡 业股份（000960） 相关报告：智研咨询发布的《2025-2031年中国电解铜箔行业市场现状分析及投资前景评估报告》 根据国家统计局数据显示：2025年4月中国精炼铜(电解铜)产量为125万吨，同比增长9%；2025年1-4月 中国精炼铜(电解铜)累计产量为478.1万吨，累计增长5.6%。 ...

Group 1 - The core viewpoint of the article highlights the growth in China's refined copper (electrolytic copper) production, with a projected output of 1.27 million tons in July 2025, representing a year-on-year increase of 14% [1] - From January to July 2025, the cumulative production of refined copper in China reached 8.623 million tons, showing a cumulative growth of 9.9% [1] - The data is sourced from the National Bureau of Statistics and compiled by Zhiyan Consulting, indicating a robust outlook for the electrolytic copper industry in China [1] Group 2 - The article mentions several listed companies in the copper industry, including Jiangxi Copper, Yunnan Copper, Zijin Mining, Tongling Nonferrous Metals, Western Mining, Baiyin Nonferrous Metals, Chuanjiang New Material, Hailiang Co., Xinke Materials, and Xiyang Co [1] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, providing in-depth industry research reports, business plans, feasibility studies, and customized services [1] - The report titled "2025-2031 Analysis of the Current Market Situation and Investment Prospects of China's Electrolytic Copper Foil Industry" is referenced, indicating a focus on future market trends and investment opportunities [1]

Group 1 - The core viewpoint of the article highlights the growth in China's refined copper (electrolytic copper) production, with a projected output of 1.25 million tons in May 2025, representing a year-on-year increase of 13.6% [1] - From January to May 2025, China's cumulative refined copper production reached 6.053 million tons, showing a cumulative growth of 8% [1] - The article references a report by Zhiyan Consulting, which provides an analysis of the electrolytic copper foil industry in China from 2025 to 2031, indicating a focus on market conditions and investment prospects [1] Group 2 - The listed companies in the copper industry include Jiangxi Copper, Yunnan Copper, Zijin Mining, Tongling Nonferrous Metals, Western Mining, Silver Industry, Chuanjiang New Material, Hailiang Co., Xin Ke Materials, and Xiyang Co [1] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [1] - The data presented is sourced from the National Bureau of Statistics and organized by Zhiyan Consulting, emphasizing the reliability of the information [1]

Group 1 - LME copper futures prices showed slight fluctuations, opening at $9,985 per ton and currently at $9,991 per ton, with a gain of 0.17% [1] - On September 17, LME copper futures closed at $9,974 per ton, down 1.41% from the previous day, with a trading range between $9,925 and $10,134 per ton [2] - LME registered copper warrants totaled 135,325 tons, with cancellations of 14,450 tons, resulting in a net decrease of 1,350 tons; total copper inventory decreased by 1,175 tons to 149,775 tons [2] Group 2 - In August 2025, China's copper material production reached 222.2 million tons, marking a year-on-year increase of 9.8%; cumulative production from January to August was 16.598 million tons, up 10.7% [2] - Refined copper production in August was 130.1 million tons, reflecting a year-on-year growth of 14.8%; cumulative production for the first eight months was 9.891 million tons, an increase of 10.1% [2] - As of September 17, the Shanghai Futures Exchange reported copper warrants at 33,291 tons, a decrease of 401 tons compared to the previous trading day [3]

Group 1 - The core viewpoint of the article indicates that China's refined copper production in August 2025 reached 1.301 million tons, representing a year-on-year increase of 14.8% [1] - In August, only three smelters underwent maintenance, while two new smelters in East China continued to ramp up production, contributing to a slight month-on-month increase in refined copper output [1] - The high sulfuric acid prices in August helped offset smelting losses, and the processing fees for copper concentrate showed a trend of rising and then falling, which also supported the production levels [1] Group 2 - In September, five smelters are scheduled for maintenance, affecting a total of 1 million tons of crude smelting capacity, leading to an expected production decrease of 14,000 tons compared to August [1] - Apart from routine maintenance, a significant reduction in production is anticipated due to tight supply of anode copper, which is expected to impact 60% of the surveyed sample, resulting in a substantial decline in September output [1]

Core Insights - China's refined copper (electrolytic copper) production in August 2025 reached 1.301 million tons, marking a year-on-year increase of 14.8% [1] - Cumulative production from January to August 2025 totaled 9.891 million tons, reflecting a year-on-year growth of 10.1% [1] Production Data Summary - Total production of ten non-ferrous metals in August was 6.978 million tons, with a cumulative total of 54.317 million tons, showing a year-on-year increase of 3.8% for the month and 3.1% cumulatively [2] - Refined copper (electrolytic copper) production for August was 1.301 million tons, with a cumulative total of 9.891 million tons, indicating a year-on-year increase of 14.8% for the month and 10.1% cumulatively [2] - Lead production in August was 667,000 tons, with a cumulative total of 5.116 million tons, reflecting a year-on-year increase of 3.7% for the month and 0.9% cumulatively [2] - Zinc production in August was 651,000 tons, with a cumulative total of 4.836 million tons, showing a significant year-on-year increase of 22.8% for the month and 5.4% cumulatively [2] - Primary aluminum (electrolytic aluminum) production in August was 3.800 million tons, with a cumulative total of 30.138 million tons, indicating a slight decrease of 0.5% for the month but a 2.2% increase cumulatively [2] - Aluminum alloy production in August was 1.635 million tons, with a cumulative total of 12.324 million tons, reflecting a year-on-year increase of 15.2% for the month and 15.3% cumulatively [2] - Copper products production in August was 2.222 million tons, with a cumulative total of 16.598 million tons, indicating a year-on-year increase of 9.8% for the month and 10.7% cumulatively [2] - Aluminum products production in August was 5.548 million tons, with a cumulative total of 43.790 million tons, showing a year-on-year decrease of 4.2% for the month and no change cumulatively [2]

Group 1 - In August 2025, China's copper material production reached 2.222 million tons, representing a year-on-year increase of 9.8% [1] - From January to August 2025, the cumulative production of copper materials was 16.598 million tons, with a year-on-year growth of 10.7% [1] - The refined copper (electrolytic copper) production in August 2025 was 1.301 million tons, showing a year-on-year increase of 14.8% [1] Group 2 - The cumulative refined copper production from January to August 2025 totaled 9.891 million tons, reflecting a year-on-year increase of 10.1% [1]

Group 1 - The core viewpoint of the news highlights the growth in China's refined copper (electrolytic copper) production, with a projected output of 1.3 million tons by June 2025, representing a year-on-year increase of 14.2% [1] - In the first half of 2025, China's cumulative production of refined copper reached 7.363 million tons, showing a cumulative growth of 9.5% [1] - The report by Zhiyan Consulting provides an analysis of the market status and investment prospects for the electrolytic copper foil industry in China from 2025 to 2031 [1] Group 2 - Listed companies in the copper industry include Jiangxi Copper, Yunnan Copper, Zijin Mining, Tongling Nonferrous Metals, Western Mining, Silver Industry, Chuangjiang New Material, Hailiang Co., Xin Ke Materials, and Xiyang Co [1] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [2]