The state enterprise Electrotyazhmash works has concluded 2 agreements with the Ukrainian International Group Ltd for the delivery of copper valued at 62.19 million UAH. By the end of 2018 the company will have supplied some 220 tons of splints and wire, as well as 1250 kg of wire at the average price of 1949…
The main sections of copper exports from Russia are raw copper (72.6%), wire and wire rod (23.9%). Imports are represented by pipe fittings, pipes and raw copper. Local rolled copper and alloy output is around 60 thousand tons per month. A slight increase is expected in 2017. The main copper manufacturers are Artemovsk Non-Ferrous Processing…
Tominskoye Mining and Processing Works has started preparing the territory for the construction of the new enterprise. “The first stage of the factory construction will end in late 2019. By that time all the manufacturing units of the processing factory will have been constructed,” the GOK CEO Valery Ulanovsky said. The mining and processing works…
AK Processing intends to put into operation a cathode copper works in Urdzhar region in the East-Kazakhstan district. The cost of the project is 4.58 billion tenge. The works will have the capacity of 2520 tons of copper per year. It will be put into operation in 2018. AK Processing is the daughter company of…
Russian state geological exploration company Rosgeo has initiated exploration of gold and copper at a 121 square kilometer Yumtulsky prospective area in Russia’s easternmost Khabarovsk region through its subsidiary Dalgeophizika. According to the company statement on August 16, it plans to finish the survey until the end of 2019. (Prime/Ukrainian metal)
Australian-British Rio Tinto jointly with Kazgeologia started new exploration work in Karaganda region. According to the regional administration, the exploration is taking place in two areas of the region Korgantas and Balkhash-Saryshagan. The company expects to find three world-class copper deposits with at least 1 billion tons of metal. The volume of investments at the…
GRK MLD LLC intends to put its copper concentrate and cathode mining and processing works in the East-Kazakhstan region into operation this year. According to the regional department of entrepreneurship and industrial-innovative development, investments into the project total 17.4 billion tenge. The works capacity will be 750 thousand tons of ore per year. (Ukrainian metal)
According to the Statistics Committee of the Ministry of national economy, in January-June Kazakhstan increased copper cathode manufacture by 5.4% YoY. Raw zinc output decreased by 0.5%. KAZ Minerals and KazZinc contributed the most to the output. (Ukrainian metal)