trending Market Intelligence /marketintelligence/en/news-insights/trending/GfKuaDBveQGVn8keuANjrA2 content esgSubNav
In This List

Central Asia Metals' Q3'16 copper cathode output at Kounrad up 38% YOY

Blog

European Energy Insights - May 2021

Blog

Metals & Mining Insights May 2021

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage


Central Asia Metals' Q3'16 copper cathode output at Kounrad up 38% YOY

Central Asia Metals Plc said Oct. 5 that its Kounrad copper operation in Kazakhstan produced 4,102 tonnes of copper cathode in the third quarter, 38% higher than its output of 2,966 tonnes in the third quarter of 2015.

Production for the first nine months of the year totaled 11,010 tonnes, up 31% year over year from 8,410 tonnes.

Sales for the nine-month period went up 38% year over year to 10,646 tonnes, from 7,699 tonnes, with the bulk of copper cathode sold through the company's off-take deal with Traxys.

Central Asia Metals expects to hit the upper end of its full-year guidance of between 13,000 tonnes and 14,000 tonnes of copper cathode.

The company also said the stage-two expansion of the Kounrad copper recovery plant is on schedule for completion in October and is approximately 25% below budget.