In November 2019 Russia imported 1 thousand tons of non-refined copper from Kazakhstan, up by 60% MoM and more than 9-fold YoY. In 11 months of 2019 imports totaled 4.2 thousand tons, up by 118% YoY. In monetary terms imports have increased by 152%. Price in November 2019 dropped from $14.2 to $14 per kg.…
In November 2019, Russia imported 9.9 thousand tons of copper scrap and waste, up by 56% MoM and 4-fold YoY. Deliveries from Germany grew by 52%, to 2.4 thousand tons, and from Kyrgyzstan – by 45%, to 902 tons. In 11 months of 2019 imports totaled 70.2 thousand tons, up by 178% YoY. In monetary…
In November 2019 Russia exported 63.3 thousand tons of refined copper, down by 4% MoM and by 7% YoY. Deliveries to China continued growing and reached 28 thousand tons (13 thousand tons in October 2019 and 7 thousand tons in September 2019). Exports to Germany stopped. The Netherlands imported 35% of the total volume (22…
In October Russia exported 148 tons of flat rolled copper, down by 23% MoM and by 47% YoY. Deliveries to Belarus have been decreasing for 3 months in a row, and fell by 10%, to 79 tons in October, with exports to Kazakhstan and Ukraine down by 37% an 29%, to 24.3 tons and 41.3…
Baltkat, a resident of the special economic zone in Ozersk, will be producing oxygen-free copper wire rod. Investments in the project totaled 90.8 million rubles. Annual output is estimated at 5 thousand tons. In 2018 the company was the first in Russia to receive a Fund of Industry Development loan of 56 million rubles. The…
In October Russia exported 65.1 thousand tons of refined copper, down by 1.6% MoM and by 2% YoY. Deliveries to China grew almost 2-fold, to 13 thousand tons, and to Germany – 2-fold, to 16.3 thousand tons. The Netherlands accounted for 40% of all exports (26.1 thousand tons). In 10 months exports totaled 573 thousand…
The prospecting company Azarga Metals Corp. intends to invest some $187 million in the development of the Unkur copper deposit in Zabaikalye region. The company started inspecting the deposit in 2015. The reserves were estimated at 62 million tons of ore with a 53% of copper content and silver content of 38.6 g per ton.…
In September Russia exported 8.2 thousand tons of copper rolled wire, down by 50.5% MoM and by 46% YoY. Deliveries to Kuwait dropped from 5.6 thousand tons in August to 3.1 thousand tons. Exports to Belarus decreased by 14%, to 1 thousand tons, and to Egypt – by 40%, to 478 tons. In 9 months…