Central Asia Metals expects copper production to rise 18% in 2015 after meeting its 2014 target. The company’s SE-XW processing plant at Kounrad recovered 11,136 tonnes of copper from waste in 2014 and Central Asia Metals has increased its annual production target to 13,000 tonnes.
Since opening in 2012, the Kounrad plant has produced more than 28,000 tonnes of copper. Sales of cathode copper rose in 2014 by 4.6% to 11,160 tonnes.
Central Asia Metals says that the first stage of expansion at the plant is progressing as scheduled and is on budget.
CEO Nick Clarke says, “Our production objectives in 2015 are focused on completing the ongoing expansion works, which will enable us to meet our increased annual target of 13,000 tonnes of copper cathode, whilst maintaining our low cash cost of production."