A company from China has bought copper ingots worth not less than $7.4 million at a plant situated at the temporarily occupied territories of Ukraine. The company is under Western sanctions. According to Reuters, China has never applied any limitations in trade with Russia, but USA has warned that it would blacklist companies that violate…
Uzbekistan has sent a train with copper to Europe along a new route bypassing Russia. The train with copper concentrate will run along the so-called Middle Corridor: Uzbekistan – Turkmenistan – Azerbaijan – Georgia – Bulgaria/Europe with the length of over 4 thousand km. The Caspian and Baltic Seas well be crossed on railroad ferries.…
Smart Holding N.V. (the Netherlands) has gained direct control over a minority share in Inter Activ LLC, which in May purchased a special permit to develop the Zalesy-Shmenki copper ore deposit in Volyn region. On September 22, the company bought 24.99% in the LLC. “Inter Activ has made an additional issue to increase its statutory…
Georgia’s copper ores imports from Azerbaijan from January through November 2021 amounted to $6.5 million, down by 52.8%, the National Statistics Office (Geostat) reported. Georgia’s imports of copper ores from Azerbaijan in November 2021 decreased by 85.1% YoY and by 89.2% MoM and totaled $440,020. Azerbaijan ranked 6th among main exporters of copper ores to…
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)