In 2016 Ural Mining-Metallurgical Company is going to decrease copper cathodes output by 10% YoY.
According to the company CEO Andrei Kozitsyn, the targeted amount is 350 thousand tons.
He gave two reasons for this: the decrease of copper contents in ore with the same level of output (24-25 million tons per year) and the decrease of the secondary raw materials volumes (non-ferrous scrap). (Ukrainian metal)