Kazakhstan expands production of refined copper
Baku, Azerbaijan, Nov. 3
By Ali Mustafayev – Trend:
Kazakhstan’s income on the export of refined copper increased by 25 percent compared to the same period of the previous year.
The country produced 73.5 million tons of copper ore during the 9 months of 2017 (31.8 percent increase), Kazakh Energy Prom reported.
The main copper mining regions of Kazakhstan are the Pavlodar region, producing 29.9 million tons per year (41 percent from total amount), Karaganda (27 percent from the total amount) and the Eastern Kazakhstan (27 percent from the total amount) regions.
The largest copper producer of the country Kazakhmys Corporation plans to produce 232,400 tons of copper by the end of 2017, which will exceed last year's figures by 3 percent.
Another major player of the industry, KAZ Minerals also announced the increase of annual copper output to a range of 250-270 thousand tons (previously the company planned to produce 235-260 thousand tons).
The export of copper waste also increased in monetary terms by 83.3 percent, which amounts to $28.7 million. The main markets for the Kazakh copper waste are Russia and Germany.