Rongda Mining sees a YOY decrease in copper concentrate output
2018-07-20 14:51:22 [Print]
BEIJING (Asian Metal) 20 Jul 18 - Xin Barag Right Banner Rongda Mining Co
A source from the company noted, "The production of copper concentrate was limited by fewer copper ore output as we conducted technical transformation on mine in late April. The output of copper concentrate decreased by about 2/3 in H1 2018 compared with that in the same period of last year."
With an annual capacity of 2,000t of copper concentrate, the company produces about 150tpm in normal production with the copper concentrate grade of about 22%min. It produced about 200t of copper concentrate in H1 2018, holding about 200t of stocks now . As a subsidiary of Yunnan Chihong Zn&Ge Co . , Ltd . , the company sells copper concentrate through online bidding.
Local prices for copper concentrate were RMB39,900-40,100/metal ton (USD5,865-5,895/metal ton) on Thursday, up by about RMB200/metal ton (USD29.40/metal ton) from Wednesday.
. , Ltd. saw a decrease of 2/3 in copper concentrate output in H1 2018 limited by lower raw ore output due to technical transformation. A source from the company noted, "The production of copper concentrate was limited by fewer copper ore output as we conducted technical transformation on mine in late April. The output of copper concentrate decreased by about 2/3 in H1 2018 compared with that in the same period of last year."
With an annual capacity of 2,000t of copper concentrate, the company produces about 150tpm in normal production with the copper concentrate grade of about 22%min. It produced about 200t of copper concentrate in H1 2018, holding about 200t of stocks now . As a subsidiary of Yunnan Chihong Zn&Ge Co . , Ltd . , the company sells copper concentrate through online bidding.
Local prices for copper concentrate were RMB39,900-40,100/metal ton (USD5,865-5,895/metal ton) on Thursday, up by about RMB200/metal ton (USD29.40/metal ton) from Wednesday.