This opportunity entails establishing copper rod plant to supply wire / cables producers in the KSA and the rest of the Middle East region.
Copper rod that are made from copper cathodes and/or high quality copper scrap in a series of production steps is not an end product but a semi-finished product that serves as an input for the production of copper cables and wires. Copper rods are typically produced in dimensions of 8mm to 23mm which depends on the end product and its dimensions. Rods with large diameter are used in the construction industry but they are not used very frequently. The most important (common) dimension of copper rod that satisfies most of the product demand is the 8mm copper rod.
Although, there are big cable producers in the KSA with in house copper rod production, it is estimated that by 2020, about 30% of the copper rod requirement would be covered through purchase of copper rods from the merchant market (from copper rod producers)
- MENA demand (Tons): 330K
- Ideal Capacity Size (Tons): 70K
- Manpower: 50
- Feedstock: Copper Cathodes / Scrap
- Investment Level: USD 12.5 Million
Mining and Metals
To be determined by the investor
To be assessed by investor (cost drivers and other financial figures to be shared upon request)
Open to starting the project as soon as possible
- Pure private sector model
- Joint venture with local player
Contact Our Copper Rods Expert
Thank you for your interest in the Invest Saudi.
We received your inquiry, and we will get back to you shortly.