13,860.59 TRY BIST 100 BIST 100
53.10 EUR EUR EUR
46.10 USD USD USD
6.83 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.69 TRY Interest Interest
93.08 USD Fossil Oil Fossil Oil
6.36 USD Copper Copper
101.60 USD Silver Silver
100.27 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,436.94 TRY Gold (gr) Gold (gr)
100.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

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.

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