In 2016 the Kazakhmys Corporation produced 225.657 thousand tons of copper cathode equivalent. This figure exceeded the same period of last year by 5.4 thousand tons (a 2.5% increase).
The average copper grade was 0.95% in the ore for the year, higher than the average copper content in 2015 (0.91%) and higher than the planned 1.1%.
Total for 2016 the Kazakhmys concentrators processed 29.8 million tons of ore.
In 2017 Kazakhmys plans to produce 232.6 thousand tons of copper cathode equivalent.
"At the end of 2016 metals market showed a positive trend. I hope that in 2017 it will retain the existing trend to increase. We can confidently implement the exploration projects and expand the mineral resource base, as well as introduce hydrometallurgy and equip enterprises with new equipment. I want to emphasize that the main task for us is still the improvement of working conditions and reduction in the number of accidents at work", - the chairman of the board of Kazakhmys Bakhtiar Krykpyshev stated.
Trends and prospects for the global and domestic copper industry will be discussed at the 6th All-Russian conference "Copper, brass, bronze: tendencies of production and consumption", which will be held in Yekaterinburg on October 12-13, 2017.