In 2023, electricity consumption in China's mining and processing of non-ferrous metal ores stood at 426.2 hundred million kilowatt-hours. The forecast for 2024 anticipates an increase to 439.4, followed by steady growth through 2028, reaching 489.31. Year-on-year variations indicate a consistent increase of around 2.9% from 2024 to 2025, a slightly declining rate of increase to around 2.7% from 2025 to 2026, 2.66% from 2026 to 2027, and 2.56% from 2027 to 2028. The five-year compounded annual growth rate (CAGR) projects a 2.8% average annual increase.
- Future trends to watch include technological advancements that could enhance energy efficiency, government policies affecting energy consumption, and global demand for non-ferrous metals impacting mining activities.
