Russian largest copper producer to invest 40 bln rubles in copper project

Salavatskoye LLC plans to build a copper mine and processing plant in Bashkortostan at a cost of 40 billion rubles, the Chelyabinsk Region company's director, Tagir Bakhtigareyev said. "Upon confirmation of copper ore resources at this property, we plan to implement a major investment project to develop the Salavatskoye copper ore deposit, with the construction of a mine and processing plant in the Abzelilovsky district [...] The amount of investment will exceed 40 billion rubles," Bakhtigareyev ...
07 October 2025., 10:30   comment

Nornickel presents metals market review

Nornickel, the world’s largest producer of palladium and a major producer of nickel, copper and platinum presents the fifteenth review of the nickel, copper and platinum group metals (PGM ) markets. Full reports are available on Nornickel’s website.
07 August 2025., 11:40   comment

Russia could double copper production in 15 years

Russia will be able to double copper production in 15 years through the implementation of a number of current and prospective projects, and copper will always be needed - it is the most sought-after metal in the green energy sector, said Oleg Kazanov, Head of Rosnedra, in an interview with RIA Novosti ahead of the St. Petersburg International Economic Forum. According to him, everything is "quite good" with copper in Russia. The country has about 100 million tons of reserves, 1.1 million tons ...
17 June 2025., 10:30   comment

Russia accounts for 8.8% of the world's copper reserves

Such data is contained in the State Report on the state and utilization of mineral resources of the Russian Federation, published on the website of the Ministry of Natural Resources of Russia. Copper belongs to the first group of minerals, the reserves of which, under any scenario of the national economy development, meet its necessary needs until 2035. Russia has a large raw material base of copper and ranks 7th among the largest producers. The basis of the country's raw material base is formed ...
17 April 2025., 10:15   comment