Copper Cathode is the main raw material for producing copper rod for both the cable and wire industry. Copper is mainly found mainly in oxide minerals and sulfide minerals, and used for producing copper sheet products, copper tube, and brass. Copper being soft, malleable, and ductile, it also has high electrical conductivity. Because of this feature, copper is used as a raw material for producing copper rod which is further employed in many industries. Copper cathode is utilized in about more than a 450 alloys and displays 95% purity.
Various associations are coming up and organizing meeting at a global level regarding the emerging trends, challenges and solutions of the copper world. To site and instance, the International Copper Association India (ICA India) had hosted a fourth edition of the India Copper Forum(ICF) alongside Vedanta Ltd and Hindalco Industries Ltd in New Delhi later this October. The objective of this forum is empowering all members of the copper industry to present ideas and innovative techniques into the industry irrespective of the size of the company. These innovation may be energy storage, energy infrastructure or even electric vehicles. ICF is a large non-commercial platform in the copper industry that is made so that ideas can be created, analyzed and brought into reality in order to accelerate the overall copper cathode market in the world.
Smelting and Electro-Refining to Help Extract More Copper Cathode with Ease
Copper cathode is manufactured by a refining process that helps in removing impurities from the copper ore. Copper cathode is used in various type of refining processes such as electro-refining and smelting. Electro-refining is the process of using electrolysis so as to increase the purity of a metal that is extracted from its ore. The impure metal that needs purification is the anode or the positive electrode. By electro-refining, a large amount of copper cathode can be produced and the remaining impurities can be extracted. The remaining extracts consists of gold, silver, or nickel and other substances. Smelting is another kind of refining process used for the extraction of pure copper form from its ore. A chemical reducing agent is used along with heat to decompose copper ore and hence, the unwanted elements or slag is removed while the pure form of copper cathode is obtained.
There are many benefits of copper cathode. They are a good conductor of electricity and also possess good characteristics of resistance. The refined form of copper cathode can be used for goods that can be installed easily and require a comparatively less degree of conductivity. The market for copper cathode can be hampered due its low tensile strength and poor resistance to erosion. The process of electro-refining requires good sum of financial investment and also has shorter life expectancy because of its susceptibility to oxidation.
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Africa to Offer Immense Growth Opportunities with Rapid Industrialization
Geographically, the copper cathode market is seen to be dominated by the Asia Pacific region mainly due to the rapid pace of industrialization and urbanization in the emerging nations of China, Japan, India, and Australia. Other than that, the market in North America is also anticipated to witness growth due to the demand for copper in countries of France, Germany, and The U.K. there is development of smart cities in these regions and thus the market is expected to witness a remarkable growth in the years to come. Due to rise in industrialization in Africa, the market for copper cathode is likely to see immense growth rates and revenue shares from this region as the years pass by.