Business Telegraph

.
The Times


.

Over 3 million tonnes of ore extracted from Udokan copper deposit

  • Written by Telegraph Magazine

MOSCOW, RUSSIA - Media OutReach - 31 January 2023 - More than 3 million tonnes of copper ore have already been mined from the western pit of the Udokan copper deposit, in Russia's Trans-Baikal Region.



The deposit is being developed as part of mining and capital works that began in mid-2020. The ore extracted at this stage will be used to run cold and hot tests of equipment at the processing plant. Upon completion of the mining and capital works, sites, roads and other facilities will be ready so that heavy equipment can conduct open-pit mining.

According to Alexey Yashchuk, CEO of Udokan Copper, pre-production mining will increase by at least 150% this year. "This will enable us to produce a more than adequate stockpile by the start of the first phase of the mining and smelting plant, thus ensuring an uninterrupted production cycle", he said.

As the deposit is mined, ore of satisfactory quality will be sent to the processing plant; the remaining ore will first be sorted by grade for further blending (in the required proportion) and then sent to the processing plant.

Production at Udokan is set to begin in 2023. The plant will have a processing capacity of up to 15 million tonnes of ore per year. The company will produce up to 135 thousand tonnes of copper annually in the form of copper cathodes and sulphide concentrate.


Hashtag: #UdokanCopper

The issuer is solely responsible for the content of this announcement.

About the company

Udokan Copper was founded to develop the Udokan copper deposit. It is part of USM, a diversified holding. With 26.7 million tonnes of copper reserves, Udokan is the largest deposit in Russia. The copper content, according to the guidelines of the JORC Code, is 0.97%.

The deposit is located in the Kalar District of the Trans-Baikal Region in Russia's Far East, 30 km from the Novaya Chara station on the Baikal–Amur main line. Under the project, a mining and smelting plant is to be commissioned which will produce cathode copper and sulphide concentrate.


Entrepreneurs & Leaders

Using Headless CMS to Manage Sales Materials Across Multiple Business Units

Managing sales materials becomes more complex as a business grows across multiple departments, product lines, regions...

Why Corten Steel Is A Preferred Material For Durable And Weather-Resistant Applications

In environments where materials are exposed to the elements and long-term durability is essential, corten, commonly refe...

Why Businesses In Brisbane Are Investing In Structured Digital Marketing Agency

Working with a digital marketing agency in Brisbane has become an essential step for businesses aiming to strengthen t...

The Parramatta Building Owner’s Fire Protection Checklist Is Probably in the Wrong Drawer

There is a particular kind of confidence that comes from assuming your building paperwork must be somewhere safe. Maybe ...

Why Slurry Hose Solutions Are Essential For Efficient Material Handling In Harsh Environments

In industries where materials move not as gentle streams but as dense, abrasive currents, standard equipment simply ca...

Why it's Important to Review Contracts Before Signing

Signing a contract without fully understanding its terms is a risk that many people and businesses take more often tha...

6 Best POS Systems for Restaurants in Australia 2026

The best POS systems for restaurants in Australia in 2026 are Square, POSApt, Abacus, Lightspeed, H&L POS and OrderM...

Why Accounting Firms Melbourne Are Essential for Business Financial Management

Financial management is a critical aspect of running any successful organisation. Businesses must carefully track income...

How International Enterprises Coordinate Distributed Editorial Teams

As international businesses grow across regions, languages and digital channels, editorial coordination is one of the ...

hacklink hack forum hacklink film izle hacklink testslot gacorjojobetjojobetjojobetcasibomagb99HoliganbetHoliganbetNon GamStop Casinoroyalbet girişcasibomcasibomdizipalonline casinos australiaonline casinosonline casino australiadeneme bonusudeneme bonusuligobetCasinos Without Gamstopjojobetjojobetbetparkjojobetjojobetjojobetjojobetbetcio