{"id":189371,"date":"2025-12-13T08:08:08","date_gmt":"2025-12-13T08:08:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/189371\/"},"modified":"2025-12-13T08:08:08","modified_gmt":"2025-12-13T08:08:08","slug":"chinas-copper-heartland-vows-to-build-us28-billion-empire-dominate-in-global-market","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/189371\/","title":{"rendered":"China\u2019s copper heartland vows to build US$28 billion empire, dominate in global market"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">A key industrial hub in eastern China is launching a push to transform itself into one of the world\u2019s top copper-smelting bases, aiming to forge stronger supply chains for the strategic metal as prices flirt with record highs.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">In an implementation plan released on Tuesday, the Shandong provincial government pledged to expand its copper industry, with the next two years seeing rapid advancements. The move comes as geopolitical tensions and the race for technological dominance shore up copper\u2019s role as a critical asset.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201c[We strive] to further enhance the resilience and security of the industrial supply chains,\u201d the document stated. The plan envisions Shandong as \u201ca globally competitive copper-smelting base\u201d and a domestic leader in research and development for high-end copper materials.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">If all goes to plan, the value of the provincial copper industry should surpass 200 billion yuan (US$28.35 billion) by 2027. The current industry\u2019s size was not provided.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Shandong is already home to major players such as Yanggu Xiangguang Copper and CNMC Albetter Copper. The government vowed to \u201ccultivate key enterprises\u201d and support them to \u201clead on the national level in the copper-smelting sector\u201d.<\/p>\n<p><img decoding=\"async\" alt=\"A screengrab of copper smelting at the Yanggu Xiangguang Copper facility in Yanggu, Shandong province. Photo: Weibo\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/12\/76c90ea4-7278-4ad9-b2ca-a2ee56eac72e_1b0c71a6.jpg\" title=\"A screengrab of copper smelting at the Yanggu Xiangguang Copper facility in Yanggu, Shandong province. Photo: Weibo\"\/>A screengrab of copper smelting at the Yanggu Xiangguang Copper facility in Yanggu, Shandong province. Photo: Weibo<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">While China is the world\u2019s top importer and consumer of copper, Shandong intends to expand the export market.<\/p>\n","protected":false},"excerpt":{"rendered":"A key industrial hub in eastern China is launching a push to transform itself into one of the&hellip;\n","protected":false},"author":2,"featured_media":189372,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[220,35905,72,114,102021,3669,102016,102022,102019,113,7316,61,60,102020,22413,102018,90,1097,102017],"class_list":{"0":"post-189371","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-ai","9":"tag-belt-and-road-initiative","10":"tag-business","11":"tag-china","12":"tag-cnmc-albetter-copper","13":"tag-copper","14":"tag-copper-industry","15":"tag-copper-prices","16":"tag-copper-smelting","17":"tag-economy","18":"tag-goldman-sachs","19":"tag-ie","20":"tag-ireland","21":"tag-london-metal-exchange","22":"tag-shandong","23":"tag-shandong-provincial-government","24":"tag-us","25":"tag-us-dollar","26":"tag-yanggu-xiangguang-copper"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/189371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=189371"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/189371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/189372"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=189371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=189371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=189371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}