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INVENTORIES
 12 Months Ended
Dec. 31, 2024
Classes of current inventories [abstract]  
INVENTORIES INVENTORIES
As of December 31,
20242023
US$’000US$’000
Raw materials and supplies38,313 28,962 
Work in progress21,195 20,991 
Finished goods67,306 78,277 
Total inventories at the lower of cost and net realizable value126,814 128,230 
Inventories recognized as an expense during the years ended December 31, 2024, 2023 and 2022 amounted to $437,732, $405,800 and $387,227 respectively.
For the years ended December 31, 2024 ,2023 and 2022, the amounts of $155, $10,255 and $1,119 were credited to cost of sales when the circumstances, such as copper price fluctuation, that caused the net realizable value of inventory to be lower than its cost no longer existed.