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Interfax, Russia
May 3 2011
Armenia's ACP boosts blister copper output 35% in Q1 2011
YEREVAN. May 3
Armenian copper producer Armenian Copper Programme (бут) boosted
blister copper production 34.6% year-on-year in Q1 2011 to 2,070
tonnes, from 1,538 tonnes in the same period of last year, thanks to
higher feedstock supplies, the company's press office told Interfax.
The company processed 10,702 tonnes of copper concentrate in Q1 2011,
up from 8,939 tonnes in the same period of last year.
The feedstock is supplied by ACP affiliate Base Metals in Nagorny
Karabakh and Zangezur Copper-Molybdenum Plant in Armenia.
ACP exports all its blister to Europe. It raised blister output 11.5%
in 2010 to 7,644 tonnes.
The Liechtenstein-registered Vallex F.M. Establishment owns 81% and
Russia-based businessman Valery Mejlumian owns 19% of ACP.
Pr
From: A. Papazian
May 3 2011
Armenia's ACP boosts blister copper output 35% in Q1 2011
YEREVAN. May 3
Armenian copper producer Armenian Copper Programme (бут) boosted
blister copper production 34.6% year-on-year in Q1 2011 to 2,070
tonnes, from 1,538 tonnes in the same period of last year, thanks to
higher feedstock supplies, the company's press office told Interfax.
The company processed 10,702 tonnes of copper concentrate in Q1 2011,
up from 8,939 tonnes in the same period of last year.
The feedstock is supplied by ACP affiliate Base Metals in Nagorny
Karabakh and Zangezur Copper-Molybdenum Plant in Armenia.
ACP exports all its blister to Europe. It raised blister output 11.5%
in 2010 to 7,644 tonnes.
The Liechtenstein-registered Vallex F.M. Establishment owns 81% and
Russia-based businessman Valery Mejlumian owns 19% of ACP.
Pr
From: A. Papazian