After a decline of 1.5% in 2017, world mine production is expected to grow by around 3% in 2018 and remain essentially unchanged in 2019, according to the International Copper Study Group (ICSG), which met in Lisbon, Portugal, on April 26-27. Part of the expected 2018 growth is due to the recovery from constrained output last year, mainly in Chile and Indonesia. However, 2018 production will also benefit from the restarting of temporarily closed capacity in the Democratic Republic of Congo (DRC) and Zambia, and to a lesser extent, additional output from a few new projects/expansions coming on stream.
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