Copper Technology, a part of the Russian Copper Company, has started constructing a mine at the 50 Let Oktyabrya deposit. The construction will last for 4 years. It is expected that mining operations will start in 2024. The deposit was discovered in 1964 and is one of the largest copper-pyrite deposits in Kazakhstan. Reserves of…
Uzbek President Shavkat Mirziyoyev on July 29 laid the first stone in the foundation of a $2-billion copper-processing plant. The new factory is to be erected within the country’s only copper producer, Almalyk Mining and Metallurgical Complex (AMMC). It will process 60 million tons of ore annually. At the second stage, according to plans, the…
The State Service of Geology and Subsoil of Ukraine has held a repeated auction to sell special licenses for the land plot of the Zalesy-Shmenki ore field with copper ore reserves in Volyn region. The size of the land plot is 2337 ha. Copper reserves are estimated at 95 thousand tons. The Symbol foundry has…
In January-April, Ukraine increased imports of copper and copper wares by 68% YoY, to $50.196 million. According to the State Customs Service, exports grew 3-fold, to $68.051 million. In April, copper imports amounted to $14.532 million and exports – $21.2 million. (Ukrainian metal)
In 2020, Kazakhstan increased refined copper export prices by 43% YoY. Output grew by 1%. Copper ore mining went up by 1.8%, to 121.9 million tons. The East Kazakhstan region yielded 52 million tons, Karaganda – 34.1 million tons and Pavlodar – 33.6 million tons. Kazakhmys exceeded its ore output plan by 0.8%, to 29.4…
In February, Russia imported 289 tons of unrefined copper, up by 69% MoM and by 154% YoY. Kazakhstan delivered all copper. Price dropped from $13.8 to $13.4 per kg. In January-February, exports totaled 460.7 tons, up 2-fold YoY. In monetary terms exports have grown by 112%. (Ukrainian metal)
In January, Russia exported 59.6 thousand tons of refined copper, down by 8% MoM, but up by 35% YoY. Price grew from $5.8 to $5.9 per kg. Deliveries to China increased by 8%, to 25.3 thousand tons, and to Germany – from 1.3 thousand tons to 9 thousand tons. At the same time sales to…
In January, Russia exported 1.5 thousand tons of copper wire rod, down by 28% MoM, but up by 6% YoY. Price grew from $5.8 to $5.9 per kg. Deliveries to Egypt dropped more than 2-fold, to 1.5 thousand tons, to Kuwait – by 27%, to 7.9 thousand tons, and to Belarus – by 36%, to…
