Kazakh mining giant KAZ Minerals increases copper production 26% in 9M 2022

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Kazakhmining copper Kazakh mining giant KAZ Minerals increases copper production 26% in 9M 2022

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"The world class ramp up of the second sulphide concentrator at Aktogay, as well as improved performance at Sulphide 1 and the oxide plant, enabled Aktogay to increase its copper output by 64% to 168 kt in the year to 30 September 2022 ," the company said in a statement. Importantly, the company noted that its finished goods inventory is expected to reduce in the fourth quarter and fully unwind during 2023.

 

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