The increase of copper production in the first quarter reiterated that the annual production target remained unchanged
too fast or too slow will lead to different test resultsLondon on April 24, Kazakh metal producer kazakhmys listed in London increased its copper production in the first quarter, and reiterated that the company's annual production target is expected to be achieved. According to the English Financial Times article, London on April 24, Kazakh metal producer kazakhmys, which is listed in London, increased its copper production in the first quarter, and reiterated that the company's annual production target is expected to be achieved
affected by the mild temperature in winter this year, the concentrate output of the company in the first quarter increased by 23% year-on-year
the company also said that the output of cathode copper in the first quarter increased to 72600 tons from 64500 tons in the same period last year. In the first quarter of last year, the country suffered a cold winter, which affected the output
however, on a quarter on quarter basis, its cathode copper production in the first quarter was still 8.2% lower than that in the fourth quarter of last year, mainly due to its inventory decline in the fourth quarter
the company reiterated on Thursday that its target of using free concentrate to produce 285, 000 tons of cathode copper this year is expected to be achieved
the company also announced that in the first quarter, the power generation capacity of Ekibastuz gres1 thermal power plant, in which it holds 50% shares, fell by 7% year-on-year to 3.68 terawatt hours
Oleg novachuk, CEO of the company, said that the company's production started well in the first quarter, mainly benefiting from mild winter temperatures and good demand for major products. Our production target this year is expected to be achieved, and the company will continue to invest in potential mines
at present, the company is investing US $1.9 billion to build bozshakol copper mine and US $2billion to build aktogay copper mine. It is expected that the two copper mines will be put into operation in 2015 and 2016 respectively
the full investment of the above two copper mines also increased its liabilities to $956million as of the end of the first quarter, higher than $707million as of the end of the previous quarter
at the same time, the company is also discussing the possibility of selling its 50% stake in Ekibastuz gres1 thermal power plant with samruk kazyna JSC, the country's sovereign wealth fund
investment banks enhance the corrosion resistance of glass. Credit Suisse estimates that the current value of the shares in the power plant is about US $billion. Bank of China, Bank of communications and Bank of Nanjing released the first quarter report of 2013. Bank of Beijing and Huaxia Bank also released the 2012 annual report and the first quarter report of 2013 on the same day, and their performance has increased
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