The manufacture of rolled copper by Russian works is based on domestic consumption and almost does not depend on external factors (LME cathode prices, world industry growth rates, etc.). According to the Institute Tsvetmetobrabotka CEO Yuri Raikov, in 2014-2017 copper exports dropped 2-fold, while imports – by 35-40%. The share of the competitive products in…
Russian Prime Minister Dmitry Medvedev has signed a ruling to hold a 413.07-million ruble auction. The right to develop the Zapadny Kara-Kulsky bismuthiferous copper and cobalt ore site in the Altai region will be sold, according to the ruling published on the government’s website on October 2. (Prime/Ukrainian metal)
The State Service of Geology and Subsoil of Ukraine has put on sale on February 12, 2019 a number of licenses to develop subsoil. In particular, one of the auctioned lots will be a special license for the Prutovskoye sulfide copper-nickel ore deposits in Zhitomir region. The starting price will be 9.737 million UAH. (Ukrainian…
In January-August copper output in Kazakhstan grew by 0.2% YoY, to 0.28 million tons, with 0.042 million tons produced in August, up by 9% MoM. According to the statistics committee, zinc manufacture grew by 0.8%, to 0.22 million tons. In August output decreased by 1.4% and by 3.7% YoY. The largest non-ferrous metals manufacturers in…
A major mineral exploration project is being implemented in Kazakhstan’s Karaganda region in cooperation with foreign investors. An Australian-UK concern, the name of which was not disclosed, allocated 9 billion tenges to search for minerals. The total exploration area is 17,000 square meters. The exploration is carried out at sections in Balkhash-Saryshagan and Korgantas regions.…
The Kristall Non-Ferrous Metallurgy Works, situated in the North Osetia, will be restored by S7 Group. The works used to be the only producer of the vacuum cooper in the country. The operation of the works started in 1967. All the machinery has been retained since the suspension of operations in 2012. Moreover the specialists…
Karaganda region governor Yerlan Koshanov surveyed the Sary-ArkaCopperProcessing, the cathode copper plant, that started its work in the test mode in Shetsky district, Karaganda region, the governor’s press service reports. Constriction of the plant worth more than $14 million started in 2016. Now it is operating in the test mode. The pilot batch of its…
In January-July Ukraine imported $51.894 million worth of copper and copper wares, up by 9.4% YoY. According to the State Fiscal Service, exports grew by 38.5%, to $100.8345 million. In July Ukraine imported $9.328 million worth of copper and copper wares, and exported – for $13.268 million. (Ukrainian metal)
