21
Jun
13:50
Nornickel eyes increased copper production in Murmansk region
Russian miner Nornickel is implementing a project to create additional copper production in Monchegorsk, Murmansk region.
The new plant will increase the company’s copper production by 40%, it claims. However, its launch may be postponed from 2025 to 2027 due to adjustments caused by geopolitical changes. The project is part of the steel company's strategy to modernize and replace obsolete facilities.
Total investment is slated to be mor…
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Anonymous
Very good overview of the weekly steel market.
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