|
|
| |
|
|
Mongolian copper exports increase in volume in Jan-Feb-The 17th China(Guangzhou)Int’l Metal &Metallurgy Exhibition
3/16/2016 Metal &Metallurgy expo |
--------------------------------------------------------------------------------------------------------------- |
|
MONTSAME reported that in the first two months of 2016, revenue from minerals’
export amounted to 460 million USD, making up the largest portion of export revenue
of the country, reports the State Registration and Statistics Agency. This is indicating
20 percent decrease compared to the same period of 2015.
In terms of volume, exports of copper concentrate, molybdenum ore and concentrate, and of refined copper increased. In other words, Oyu Tolgoi and
Erdenet have enhanced the production and increased thus the output to global
market. Sales of these two companies totaled to over 340 million USD, forming more than half of the mining export of Mongolia.
Nevertheless, the export volumes have decreased for other main mineral products, reflecting 35 percent decline in exported gold with the revenue dropped
to 63.5 million USD. Revenue from iron ore export has shrunk by 65 percent to 16 million USD. Coal export volume was 1.4 million tons.
-The 17th
China(Guangzhou)Int’l Metal &Metallurgy Exhibition
|
|
|
|
|
