China's Jinchuan Int'l to double African copper, cobalt output -exec
China’s Jinchuan Group International Resources plans to double its African copper and cobalt production in the next two to three years, its chief executive officer said on Thursday. The company currently…
From the Energy Metal News archive. This article dates from May 17, 2018 and is preserved as first published.
China’s Jinchuan Group International Resources plans to double its African copper and cobalt production in the next two to three years, its chief executive officer said on Thursday.
The company currently produces around 50,000 tonnes of copper and 5,000 tonnes of cobalt a year, Gao Tianpeng said at the LME Asia Week conference in Hong Kong. “In the next to two three years we will double our capacity,” he said.
The company currently produces around 50,000 tonnes of copper and 5,000 tonnes of cobalt a year, Gao Tianpeng said at the LME Asia Week conference in Hong Kong.
Miners are boosting copper and cobalt production to meet demand from an expected boom in electric vehicles.
Jinchuan’s mining unit, Metorex Group, is headquartered in South Africa and controls the Ruashi Mine in the Democratic Republic of Congo that produces copper and cobalt and in Zambia, the Chibuluma South copper mine.
