11,335.05 TRY BIST 100 BIST 100
42.74 USD USD USD
6.10 CNY CNY CNY
50.13 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
37.90 TRY Interest Interest
59.70 USD Fossil Oil Fossil Oil
90.52 USD Silver Silver
5.48 USD Copper Copper
105.46 USD Iron Ore Iron Ore
349.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,943.49 TRY Gold (gr) Gold (gr)

A step towards the creation of a non-ferrous metallurgy center in the Far East

The launch of the Udokan mining and smelting plant is a step towards creating a non-ferrous metallurgy center in the Far East.

A step towards the creation of a non-ferrous metallurgy center in the Far East

The Far East and Siberia will soon become the new centers of the copper mining industry, which is geographically expanding. At the same time, only the Udokan development project provides for the construction of a metallurgical enterprise and the production of cathode copper. The marketable products of the remaining enterprises being created are copper concentrate with a lower added value - for export to the Asia-Pacific countries. The development of a non-ferrous metallurgy center in the Far East will be important from a social, political, and economic standpoint.

The commissioning of new deposits will allow Russia to double its production in the near future and enter the top five world producers of mine copper.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Europe’s year-end steel market outlook

Friday, December 19, 2025

Türkiye’s imported scrap market seeks balance ahead of the holiday period

Friday, December 19, 2025

China steel futures increased on speculative factors

Friday, December 19, 2025

ArcelorMittal Nippon Steel India aims to triple steel production capacity by 2030

Friday, December 19, 2025

Xuân Thiện Group partners with Primetals Technologies for two green steel production lines in Vietnam

Thursday, December 18, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now