Saturday, 10 November 2012
Adding Value to Copper
Photo courtesy of india-sinks.com
It is amazing how much value Africa loses by just not processing raw materials like copper. While copper costs about $7,000 per tonne, copper bathtubs cost about $500-1000. You make several bathtubs from a tonne of copper.
Check these prices here.
However, African copper exports like Zambia don't make these luxury items. You make other things from copper like kettles.
Photo courtesy of sites.yellow.co.nz.
Why is Africa not making these things?