Copper Industry

May 14, 2007 at 1:28 am Leave a comment

Copper is a primary industry of Mongolian mining sector that has been playing a key role in the economy in the last two decades. Copper industry is dominated by a well-known large enterprise Erdenet Mining Corporation (EMC) developed with technical assistance of the former Sovlet Union in the early 70s. Currently the main products of the Erdenet Mining Corporation are copper and molybdenum concentrates. Production of copper concentrate has been increasing steadily since 1997. As of the end of 2004 Erdenet mine was producing 514.1 thousand tones of copper concentrate and 2,333.9 tones of molybdenum concentrate.

Mineral Production 2002 2003 2004

Copper concentrate, in 000’ metric tones 488.0 511.3 514.1
Copper in concentrate, in metric tones 131.000 130.270 130.000
Molybdenum concentrate, in metric tones 3,068.0 3,519.3 2,333.9
Molybdenum in concentrate, in metric tones 1.590 1.793 1.140
Cathode copper, in metric tones 1,490.9 1,328.7 2,451.07

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Entry filed under: Copper Industry.

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Information contained in this web site are partly derived from a CD-ROM "Guide to Investment and Trade-Mongolia", produced by Foreign Investment and Foreign Trade Agency (FIFTA). All trademarks are properties of their own respective owners.

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