
UMMC expects 10 copper output up by 8pct YoY
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Reuters reported that Russia's Urals Mining and Metals Company expects this year's refined copper output to reach 356,918 tonnes up 8% from 2009.
UMMC said that 2009 refined copper output totalled 330,129 tonnes. The company also said it would invest more than RUB 2 billion in new equipment this year as part of USD 130 million projects to raise annual copper output to 500,000 tonnes between 2012 and 2014.
(Sourced from Reuters)










