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PT Smelting To Process 1.1 Million Tonnes Of Copper Concentrate This Year

Metal News - Published on Mon, 24 Jun 2019

Image Source: The Jakarta Post
The Jakarta Post reported that copper refining company PT Smelting plans to produce 291,000 tonnes of copper cathodes this year, a 21% increase from last year's 242,000 tonnes. PTS president director Mr Hiroshi Kondo said that the firm was committed to processing 1.1 million tonnes of copper concentrate this year. He said that "The 1.1 million tonnes of copper concentrate will be processed to become 291,000 tonnes of cathodes, 1.04 million tonnes of sulfuric acid, 850,000 tonnes of copper slag, 31,000 tonnes of gypsum and 2,000 tonnes of anode slime.”

In 2019, PTS is to receive the 1.1 million tonnes of copper concentrate from two of its suppliers, namely gold and copper mining corporation PT Freeport Indonesia, which holds a 25% stake in PTS, and PT Amman Mineral.

PTFI is to supply 1 million tons of the copper concentrate, which is the same amount as last year, to PT Smelting, while the remainder is to come from Amman Mineral.

PTS said that PTFI would supply the 1 million tons of copper concentrate even though the mining giant had reduced its copper concentrate production by 42% this year to 1.2 million tonnes from 2.1 million tonnes last year.

Source :

Posted By : Ratan Singh on Mon, 24 Jun 2019
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