Chinese businessmen will invest $2 million into the project of copper-gold concentrate production in Kentau. The factory is expected to produce some 200 tons of products per day. Within the program a processing shop with the capacity of 65 thousand tons per year will be reconstructed in Kentau. Ore will be supplied from the Yubileynoye…
In November Novgorod Iron and Steel Works, a part of the Russian Copper Company, produced 6 thousand tons of copper cathodes, which was the best result since the company was put into operation in 2003. In December the output is expected to increase to 6.2 thousand tons. At first the capacity of the works was…
In November the copper sulfate shop of Uralelectromed, a part of UMCC, produced 3.5 thousand tons of copper sulfate, up by 30% from the average monthly results. The increase is believed to stem from the constant modernization of machinery. In 2015 the company worked out a program to increase productivity and output volumes. (Ukrainian metal)
The cargo department at the railroad shop of the Sredneuralsky Copper Works, a part of UMCC, has purchased a new crane. The machinery costs around 12 million rubles. The crane will be used as a vibrounloader. It will be unloading open wagons with quartzite used in copper smelting. The old crane was built in 1965,…
AltayPolymetally Mining and Processing Works has been put into operation in the Karakalinsk district of the Karaganda region. The cost of the project is $400 million. Its capacity is 100 thousand tons of copper concentrate per year. 80% of the products are planned to be consumed on the local market, while 20% will be exported…
Mednogorsk Copper-Sulfur Works, a part of UGMK, has put a new oxygen station into operation with the capacity of 5.366 thousand cubic meters per hour. The current shop of technological oxygen was constructed in 1986. The new station will allow the company to increase copper output. The construction of the first stage will determine further…
In January-October output of refined copper dropped by 0.7% YoY. According to the Federal Service of State Statistics, copper foil output dropped by 13.7%, of wire – by 17%, while that of plates, sheets, strips and bars went up by 5.5%, of rods and sections – by 19.6%, all YoY. (Ukrainian metal)
The government of the Republic of Bashkortostan and the Bashkirskaya Med have signed an agreement on state support of the mine construction at the Yubileynoye deposits. The construction has been included into the list of priority investment objects of the republic. The government will grant tax preferences, while the company will invest 40.4 billion rubles…