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Market Survey on Copper - Indian Bureau of Mines

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exports which were 397 thousand t<strong>on</strong>nes in 2003 have gradually come down to 207<br />

thousand t<strong>on</strong>nes in 2008. In 2009 Russia exported 466 thousand t<strong>on</strong>nes <strong>of</strong> refined<br />

copper to various countries mainly to Sweden, Netherlands, Turkey and other<br />

countries.<br />

Kazakhstan<br />

In Kazakhstan, four major copper ore deposits are located in Altay, Boshekul,<br />

Dzhezkhazgan and Kounarl <strong>of</strong> which Dzhezkhazgan is the largest. In Dzhezkhazgan<br />

Province Nikolayevka, Orlovka, Sayak and Balkhash are the important deposits. As<br />

in the other countries in CIS, Kazakhstan also has large reserves <strong>of</strong> copper ore with a<br />

grade <strong>of</strong> 1.1% Cu. Kazakhstan has 18 milli<strong>on</strong> t<strong>on</strong>nes <strong>of</strong> reserves in terms <strong>of</strong> copper<br />

c<strong>on</strong>tent.<br />

The resources <strong>of</strong> copper in Kazakhstan are distributed in South central, Eastern<br />

and north central parts <strong>of</strong> the country. In Zhezkazgen complex Orlovskoe mine in<br />

eastern Kazakhstan, East and South mine in north central Kazakhstan are owned by<br />

Kazakhmys plc. with annual capacities <strong>of</strong> 86,200, 65,800 and 71,600 t<strong>on</strong>nes <strong>of</strong> copper<br />

c<strong>on</strong>tent respectively. Besides, Maleevsky mine owned by Kazzinc JSC (Glencore<br />

Internati<strong>on</strong>al Ltd. AG) in East Kazakhstan with annual capacity <strong>of</strong> 62,100 t<strong>on</strong>nes is<br />

also producing copper. Nikolaevskoe mine, Stepnoy mine are the other important<br />

mines producing copper in Kazakhstan.<br />

The Kazakhmys plc. has a c<strong>on</strong>centrator plant and a smelter at Balkhash<br />

complex with annual capacities <strong>of</strong> 145 thousand t<strong>on</strong>nes and 250 thousand t<strong>on</strong>nes<br />

respectively. Kazakhmys plc. also owns a smelter and a refinery in Zhezkazgen<br />

complex with a capacity <strong>of</strong> 215 thousand t<strong>on</strong>nes and 250 thousand t<strong>on</strong>nes per year.<br />

Kazakhstan showed a decreasing trend in the mine producti<strong>on</strong> <strong>of</strong> copper. The<br />

mine producti<strong>on</strong> <strong>of</strong> copper which was 484 thousand t<strong>on</strong>nes in 2003, decreased to 420<br />

thousand t<strong>on</strong>nes in 2008 and further to 406 thousand t<strong>on</strong>nes in 2009. A similar trend<br />

was observed in the smelter producti<strong>on</strong> <strong>of</strong> copper in Kazakhstan. In the 2003 the<br />

smelter producti<strong>on</strong> was 432 thousand t<strong>on</strong>nes which came down to 380 thousand<br />

t<strong>on</strong>nes in 2009. The producti<strong>on</strong> <strong>of</strong> copper ores and c<strong>on</strong>centrates (gross weight) was<br />

around 400-450 thousand t<strong>on</strong>nes during the last 5 years.<br />

The export <strong>of</strong> refined copper from Kazakhstan showed an increasing trend up to<br />

2005. It increased to 401 thousand t<strong>on</strong>nes in 2005 from a level <strong>of</strong> 376 thousand<br />

t<strong>on</strong>nes in 2003 and since then it is around 350 thousand t<strong>on</strong>nes upto 2009. The exports<br />

were mainly to Italy and China. A small quantity was exported to Germany and other<br />

countries.<br />

South Korea<br />

Despite having no producti<strong>on</strong> <strong>of</strong> copper ores and c<strong>on</strong>centrates, South Korea has<br />

large capacities <strong>of</strong> blister, anode and refined copper which are based wholly <strong>on</strong><br />

imported ores and c<strong>on</strong>centrates. The total capacity <strong>of</strong> primary copper in the country is<br />

590 thousand t<strong>on</strong>nes in 2008. The LS-Nikko <strong>Copper</strong> Inc. has two plants at<br />

Changhang and Onsan with a total capacity <strong>of</strong> 570 thousand t<strong>on</strong>nes and <strong>on</strong>e plant<br />

operated by Korea Zinc Company Ltd. has a capacity <strong>of</strong> 20 thousand t<strong>on</strong>nes. Korea’s<br />

78

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