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Module 3 · Smelting, refining and the narrow link

Electrorefining, and what falls to the bottom of the tank

Level 2 · Working knowledge 9 min read 4 questions

Two weeks in a tank takes copper from 98% to 99.99%. The impurities that drop out are a significant share of the world's supply of several other elements.

Copper cathode plates in an electrolytic refinery
Two weeks in a tank takes copper from 98% to 99.99% - and drops the world's tellurium at the bottom.Xstrata Technology · CC BY-SA 3.0 · Wikimedia Commons

Blister copper is 98% copper, and the last 2% is what stops it being usable. Small quantities of the wrong elements - particularly oxygen, sulfur, bismuth and antimony - degrade conductivity and mechanical behaviour disproportionately. Removing them is done electrochemically.

How it works

Cast anodes of impure copper are hung in a tank of acidified copper sulfate solution, alternating with thin starter sheets or permanent blanks that will become the cathodes. A current is passed. Copper dissolves from the anode, travels through the solution as ions, and plates onto the cathode. The trick is selectivity: elements more reactive than copper dissolve but do not plate back, and elements less reactive than copper do not dissolve at all. They simply fall off the anode as it erodes and settle at the bottom of the tank.

NoteThe process takes roughly two weeks per cathode cycle, and the output is 99.99% copper. This is the step that produces the LME Grade A cathode that the whole price structure in lesson 13 is built on.

Anode slimes

The sludge at the bottom of the tank is called anode slime, and it is one of the most valuable materials in the non-ferrous industry. It contains the elements too noble to dissolve: gold, silver, selenium, tellurium and the platinum-group metals. It is collected periodically and processed in a dedicated precious metals plant.

Read the numbers correctlyThe copper to the grid chain page makes the point this course wants you to remember: this single step is where a large share of world tellurium and selenium supply originates. Neither is mined for its own sake at scale. They exist as commodities because copper is refined - which means their supply responds to copper economics, not to their own demand. This site's by-products lesson generalises the problem, and it is the reason several critical minerals cannot simply be produced in greater quantity when needed.
What electrorefining separates
FateElementsWhere they end up
Plates onto the cathodeCopper99.99% cathode
Dissolves but does not plateIron, nickel, cobalt, zinc, arsenicBled from the electrolyte and treated
Does not dissolveGold, silver, selenium, tellurium, platinum-group metalsAnode slimes, sold to a precious metals refinery

Process chemistry; not time-varying · commodityeducation.com, Copper to the Grid

Why the cathode has to be this pure

Copper's selling point is conductivity, and conductivity is extraordinarily sensitive to dissolved impurities. Elements that stay in solid solution in the copper lattice scatter electrons; a fraction of a per cent of the wrong element costs a measurable percentage of conductivity. Oxygen is a special case: it is deliberately controlled rather than eliminated, and for applications where hydrogen embrittlement matters an oxygen-free grade is produced instead. The difference between 99.9% and 99.99% copper is not fastidiousness; it is the difference between a conductor that meets specification and one that does not.

Finished cathode is then registered against an exchange specification - LME Grade A is the usual reference - which is what allows a plate produced in Chile to settle a contract written in London and be delivered in Rotterdam. Standardisation at this step is what makes copper a traded commodity rather than a negotiated product.

What to carry forward
  • Electrorefining is selective dissolution: copper plates, noble metals fall, reactive metals stay in solution.
  • Anode slimes are where much of the world's tellurium and selenium supply comes from.
  • 99.99% purity is a functional requirement of conductivity, not a mark of quality for its own sake.
Terms introduced here
Anode / cathode
The dissolving impure plate / the pure plate that grows.
Anode slimes
The precious-metal-bearing sludge at the bottom of an electrorefining tank.
Grade A
The LME cathode specification that most copper contracts reference.
Go deeper

Check yourself

1. Gold and platinum-group metals end up in anode slimes because they:

2. Why is the supply of tellurium hard to increase in response to demand for it?

3. Cathode is refined to 99.99% because:

4. Elements such as nickel and arsenic that dissolve but do not plate are dealt with by:

Lesson 8 of 14 in Copper, Rock to Cathode to Grid. Educational content only — not investment, trading, tax or legal advice, not a recommendation to buy or sell any commodity, contract or security, and not a valuation of any asset. Figures carry their reference period and source and are indicative of scale rather than live market quotations. Compiled 2026-09-30; drafted with AI assistance and editorially reviewed, per the editorial policy.

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