Kazakhstan saw an 8% rise in copper ore production

28 January, 2019, 15:32 622
Kazakhstan saw an 8% rise in copper ore production

However, the copper ore exports rose by 4% in tons, and fell by over 5% in money terms. 

The production of copper ore rose by 8.2%, and that of refined copper and alloys – by 3%, EnergyProm.kz has informed.  

Last year the copper ore production was 103.2 million tons, an 8.2% year-over-year increase; copper concentrate – 12.9 million tons, a 15.7% year-over-year increase; copper and zinc ores – 4.8 million tons, a 4.2% year-over-year rise; copper in copper concentrate – 580.6 thousand tons, a 15.5% year-over-year rise.

The main producers of copper ore are Eastern Kazakhstan (37%), the Pavlodar (30%) and Karaganda (28%) regions.

The processing plants of KAZ Minerals Group (open-pit copper mines Bozshakol in the Pavlodar region and Aktogay in Eastern Kazakhstan, three underground mines in Eastern Kazakhstan, the Aktogay and Bozymchak Processing Plants and so on) produce and enrich copper ore in Eastern Kazakhstan and the Pavlodar region. In the Karaganda region, the large companies such as Karagandatsvetmet (Corporation Kazakhmys LLP branch), Saryarka Resources Capital LLP, Terekty Mountain-Concentrating Combine LLP (Altai poly metals LLP branch) operate.

The production of refined copper and copper alloys was 442.6 thousand tons within 12 months of 2018 – a 3% year-over-year increase, with such leading regions as the Karaganda region (76%) and Eastern Kazakhstan (21%). Kazakhmys runs in the Karaganda region as well as around 40 industrial facilities of the company in Karaganda, Satbayev, Jezkazgan, and Balkhash.

Following 11 months of 2018, the exports of refined copper and copper alloys dropped by 4.2% in physical terms and increased by 5.1% in monetary terms.

Ukraine remains the main importers of Kazakh copper among CIS countries, including other countries as China, the UAE, and Great Britain.  

It is noteworthy that the exports of copper waste and scrap increased by 57% in physical terms, and decreased by 19% in monetary terms. The key importer of copper waste and scrap is Russia.  

The deliveries of copper wire to international markets declined by 44.3% in physical terms, and by 36.8% in monetary terms, with Russian being the only importer.