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Refined Copper Output of Chinas Zijin in 2012 to Jump 227% on Smelter Start Up

  • Friday, September 7, 2012
  • Source:

  • Keywords:Refined Copper Output
[Fellow]
 Ferro-Alloys.com]Production of 200,000 mt of refined copper in 2012 is targeted by China's Zijin Copper Industry, a subsidiary of Hong Kong-listed Zijin Mining Group. The estimated production is up 227% from 88,100 mt in 2011, after starting up of a new copper smelter in Fujian province.
 
The trial production was started late last year following the completion of 200,000 mt/year copper smelter in December 2011.
 
After the new smelter began commercial operations in January, the refined copper output of Zijin's over January-June surged 86% year on year to 84,742 mt.
 
The smelter project is the largest single investment project in China's Longyan city. It involves a total investment of RMB6.5 billion.
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