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Accordingly China is by far the world s biggest importer of copper However the copper China imports is used the average copper content of mined ore has fallen

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The unit of China s oil major Sinopec Corp is procuring copper to send to its equipment suppliers in China two sources familiar with the matter told Reuters a rare move by a Chinese oil company

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Copper Supply and Demand Dynamics 27 Jan 2024 Approximately 45% of the world s copper ore transits China where it is made into a variety of products

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Skarn ore deposits of copper lead zinc tungsten The World Bank reports that China was the top importer of ores and metals in 2024 followed by the US and Japan

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