China Mulls Copper Curbs to Reduce Overcapacity and Emissions

  • Beijing has similar constraints on sectors including aluminum
  • Antaike says extra capacity of nearly 30% to be built by 2026

A worker loads copper pipe into a furnace at a copper mill in Sevojno, Serbia.

Photographer: Oliver Bunic/Bloomberg
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The clock is ticking on the relentless expansion of China’s copper smelters.

Beijing is discussing plans, and has sought industry opinions, on imposing curbs on the world’s biggest processor of the metal to reduce overcapacity and carbon emissions, according to people familiar with the matter, who asked not to be named as the information isn’t public. The constraints could come into play by the middle of the decade, they said.