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Armenian Copper Programme Reduced Production Of Unpurified Copper In

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  • Armenian Copper Programme Reduced Production Of Unpurified Copper In

    ARMENIAN COPPER PROGRAMME REDUCED PRODUCTION OF UNPURIFIED COPPER IN 2008 BY 6,9%

    ArmInfo
    2009-01-20 17:28:00

    ArmInfo. The Armenian Metallurgical Company Armenian Copper Programme
    (ACP) reduced production of unpurified copper in 2008 by 6,9% to
    6480 tons against 6954 tons in 2007, ACP Department of Information
    and Public Relations told ArmInfo.

    According to the source data, 6251 tons of copper were realized over
    the reporting period against 7239 tons in 2007. The whole copper
    produced in the company is exported to Europe. ACP processed 34258
    tons of copper concentrate over the reported period against 39230 tons
    over the previous year. According to the Company, the global economic
    crisis did not essentially affect the copper-melting activity of ACP.

    To recall, 81% shares of Armenian Copper Programme CJSC belong to
    Vallex F.M. company, registered in Liechtenstein and 19% shares -
    to the Russian citizen Valery Mejlumyan.
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