International Copper Association

The International Copper Association (ICA) was proud to participate in the UNFCCC's #COP29 in Baku, Azerbaijan. Building on the momentum from #COP28 where more than 130 countries signed the global pledge to triple renewable energy and double energy efficiency by 2030, ICA had a strong presence at COP29 with eight speaking engagements and numerous bilateral meetings. ICA participated in two events on critical minerals alongside the Climate Champions, World Climate Foundation, and our member Vale Base Metals, advocating for collective ambition on sustainability and the need for countries to create an enabling environment for copper production.?It was fantastic to see?ICA members Anglo American, Teck Resources Limited, Freeport-McMoRan, and Glencore?also on the ground representing responsible critical mineral production. On energy efficiency, ICA presented on Mission Efficiency at the "Advancing Industry Cooperation at COP29 to Achieve Energy Transition Goals" event in partnership with Business Council for Sustainable Energy (BCSE) and Sustainable Energy for All (SEforALL). We also proudly took the stage at the launch of the African Energy Efficiency Alliance, an initiative by the AfricanUnion, and spoke at events organized by UN Environment Programme, the African Development Bank Group, and regional energy efficiency centers.? ICA also spoke at the "Circularity and Decarbonization of the Built Environment: Pathways to Net-Zero" event organized by Tranetech Software Solutions, UN Environment Programme, and the Global Alliance for Building and Construction, highlighting copper's unique circular properties and its role in sustainable technologies. As we look ahead to #COP30 in Brazil, ICA will continue to partner with ICMM, other metals associations, and our members to elevate the metals industry as a critical enabler of the clean energy transition, global decarbonization efforts, and global climate goals. #CriticalMinerals #EnergyEfficiency #CircularEconomy #CleanEnergyTransition #Copper

Copper is at the heart of energy efficiency and affordability. As emerging economies’ energy demand continues to increase, delivering that energy safely, reliably, and cost-effectively while contributing to global energy efficiency targets is essential to meeting demand sustainably. The International Copper Association was proud to highlight our critical efforts on grid efficiency, rural electrification, and energy efficiency in Africa at the African Energy Commission of the African Union’s event at #COP29. Learn more ??

ICA member Glencore is taking a proactive approach to sustainability through enhanced scrap-metal recycling efforts. ?? In a world rapidly transitioning to renewable energy and electrification, the need for sustainable copper supply chains has never been more critical. By turning discarded electronics and vehicles into valuable resources, Glencore is setting an excellent example of how industry can innovate to meet growing demands while reducing environmental impact. This is the kind of forward-thinking leadership we need to achieve a circular economy. Well done! ??

Copper's Role in China's Circular Economy Yesterday, Friday, we wrapped up #AsiaCopperWeek with a fantastic International Copper Association Members-Only Workshop focused on copper’s role in China’s circular economy. This workshop, held for our members, saw a full house of executives from leading member companies. The event focused on copper’s role in supporting China’s circular economy and the policy implications of sustainable material management. Some takeaways : 1. High Recycling Efficiency: Copper products in China show strong recycling efficiency, although with shorter lifespans, highlighting the need for policy-driven improvements in product design to extend lifecycles. 2. Policy and Industry Collaboration: Strengthening collaboration between industry leaders and policymakers is crucial to advancing circular economy policies and achieving sustainability goals. 3. Focus on Innovation: Continued investments in innovative technologies are vital for enhancing copper recycling processes, which are essential for meeting both economic and environmental targets. A big thanks to our ICA Asia team for organizing this great event and to the speakers for their amazing contributions: Ma Rong, Former Deputy Director-General, National Development and Reform Commission Kai Zhao, Executive Vice President, China Association of Circular Economy Joe Zhou, International Copper Association Global Director of Market Intelligence Gangqi Cheng, Director, China Wind and Solar Equipment Recycling Committee Tie Mao, President, Gaonuo Recycling Industrial Zone Group Yongping Rao, President, Ganzhou Jiangwu Tungsten Alloy Co., Ltd. Yanfei Lv, President, Handerson Environmental Technology Development (Tianjin) Co., Ltd. Thank you to all participants for making this a successful event! Anglo American Grupo Antofagasta Minerals Aurubis CODELCO – Corporación Nacional del Cobre de Chile Freeport-McMoRan Rio Tinto Teck Resources Limited Hindalco Industries Limited #ACW2024 #AsiaCopperWeek #CEOSummit2024 #AsiaCopperDinner #Shanghai2024 #CopperAsia

#Copper is the metal of electrification and is key to #energyefficiency and powering the #cleanenergytransition. Tomorrow at #COP29 in Baku, ICA's Senior Communications Manager Gabrielle Peterson will speak at a roundtable hosted by Alliance for an Energy Efficient Economy (AEEE), Sustainable Energy for All (SEforALL), and Mission Efficiency discussing how to create powerful narratives that can advance progress on energy policy goals. If you're in the Blue Zone, stop by the SDG 7 Global South Pavilion and join us! Learn more ??

More from #AsiaCopperWeek from ICA President Juan Ignacio Diaz! ??

?? Great news! The Critical Mineral Consistency Act passed the U.S. House of Representatives yesterday with strong bipartisan support. ?? It now heads to the Senate where a bipartisan companion bill has already been introduced. Congratulations to our Copper Development Association Inc. colleagues for helping make this significant progress possible!

It’s #EnergyDay at #COP29, and ICA’s Steve Kukoda spoke today about scaling #copper production responsibly to meet the growing demand for critical minerals that will fulfill the needs of the clean energy transition. Thank you to Mauricio Bermudez Neubauer for moderating this important discussion hosted by High-Level Climate Champions, World Climate Foundation, and ICA member Vale, and to all the participants! Aparna Shrivastava - U.S. International Development Finance Corporation Kirsten Hund - Vale Base Metals Shanta Barley - Fortescue Albéric Mongrenier - EIES | European Initiative for Energy Security Rodrigo Lauria - Vale

As Asia Copper Week comes to a close, ICA is proud to celebrate multiple anniversaries for ICA Asia. With 50% of the world’s copper going to China and 70% to Asia, the work of ICA Asia and its partnerships are more important than ever.? ICA partners with stakeholders throughout the copper value chain to promote copper, protect its markets, and defend and sustain its demand on behalf of our members. This work is critical to supporting sustainable economic growth and the development of a low-carbon economy.? Asia plays a key role in driving copper markets, and ICA Asia’s work with its partners fosters innovation and has brought significant advancements in copper applications. An exciting result of these efforts includes the development of new component technology for New Energy Vehicles (NEVs), advancing electrification throughout the region and reducing greenhouse gas emissions.? ICA India has partnered with the Energy Efficiency Services Limited (EESL) and the government of India to accelerate the adoption of energy-efficient motors in the country, which could save an estimated 5 billion kWh of energy and $500 million.? Congratulations to ICA China on its 30-year anniversary and to International Copper Association India for 25 years! To many more years of important collaboration.? ___ Asia Copper Week esta llegando a su fin y en ICA nos enorgullece celebrar múltiples aniversarios de ICA Asia.? ?? Con el 50% del cobre mundial destinado a China y el 70% a Asia, el trabajo de ICA Asia y sus asociaciones es más relevante que nunca.? ?? ICA colabora con actores clave a lo largo de toda la cadena de valor para promover el cobre, proteger sus mercados, y defender además de mantener su demanda en representación de nuestros miembros. Este trabajo es fundamental para respaldar el crecimiento económico sostenible y el desarrollo de una economía baja en carbono.? ?? Asia desempe?a un papel crucial en los mercados del cobre, y el trabajo de ICA Asia con sus socios impulsa la innovación y ha logrado avances significativos en aplicaciones del cobre. Un emocionante resultado de estos esfuerzos incluye el desarrollo de nuevas tecnologías de componentes para vehículos de nueva energía (NEVs), avanzando en la electrificación de la región y reduciendo las emisiones de gases de efecto invernadero.? ?? ICA India se ha asociado con la Energy Efficiency Services Limited (EESL) y el gobierno de India para acelerar la adopción de motores energéticamente eficientes en el país, lo que podría ahorrar aproximadamente 5 mil millones de kWh de energía y 500 millones de dólares.? ?? ?Felicitaciones a ICA China por su 30o aniversario y a International Copper Association India por 25 a?os! Y por muchos más a?os de colaboración! #ACW2024? #AsiaCopperWeek?

Yesterday, ICA CEO Juan Ignacio Diaz attended the CEO Summit at Asia Copper Week.?Alongside industry leaders, ICA participated in the important conversations affecting the full copper value chain. The megatrends that are transforming our world—electrification, urbanization, globalization, climate change, and digitalization—are the drivers of change that will determine the course of human civilization, and they all depend on copper.?? ICA and its members are focused on addressing these challenges and delivering the sustainable future that the world demands. For decades, ICA Asia has brought the full copper value chain together on everything from developing partnerships with end-use industrial platforms to advancing copper rotor motor and small diameter aircon tubes technologies with copper fabricators.? As a result, these advances in copper-driven technologies have brought the region closer to its greenhouse gas emission goals while providing access to safer, more reliable electricity and sustainable development. We are proud to provide local expertise with global reach and will continue to be THE voice of copper for our members. Thank you to CESCO and CNIA for organizing this invaluable event.? ___ Ayer, el CEO de ICA, Juan Ignacio Diaz, participó en la CEO Summit de la Asia Copper Week. Junto a líderes de la industria, ICA formó parte de importantes conversaciones que impactan a toda la cadena de valor del cobre. Las megatendencias que están transformando nuestro mundo—electrificación, urbanización, globalización, cambio climático y digitalización—son los motores de cambio que definirán el curso de la civilización humana, y todas dependen del cobre. ICA y sus miembros están comprometidos con afrontar estos desafíos y contribuir activamente a construir el futuro sostenible que el mundo demanda. Durante décadas, ICA Asia ha desempe?ado un papel clave al reunir a toda la cadena de valor del cobre, fomentando alianzas estratégicas con plataformas industriales de uso final y promoviendo avances tecnológicos, como los motores con rotor de cobre y los tubos de aire acondicionado de peque?o diámetro, en colaboración con fabricantes de cobre. Gracias a estos avances en tecnologías impulsadas por el cobre, la región ha logrado acercarse a sus objetivos de reducción de emisiones de gases de efecto invernadero, mientras proporciona acceso a una electricidad más segura, confiable y al desarrollo sostenible. Estamos orgullosos de aportar experiencia local con alcance global y continuaremos siendo LA voz del cobre para nuestros miembros. Gracias a CESCO y CNIA por organizar este evento tan valioso. #ACW2024?#AsiaCopperWeek?