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News

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ENRC aluminum production increased by 69%

Mining and metallurgical group ENRC has summed up its work in the first half of this year. In particular, the extraction of bauxite compared with the same period of 2009 increased by 7% to 2.645 million tonnes, alumina production — by 3% to 794 thousand tons of primary aluminum -. 69% to 103 thousand tons.

Furthermore, it was produced 729 thousand. Tonnes of copper ore and released therefrom 9.237 thousand. T cathodes. Extraction of cobalt ore was 479 thousand. T, release of commodity cobalt concentrate 3.902 ths. Tons.

Revenue from ENRC alumina and aluminum division increased by 76.5% to $ 443 million, EBITDA — to 617.6% to $ 122 million According to the division of other non-ferrous metals (copper and cobalt) revenue was $ 218 million, EBITDA -. $ 36 million.

Among the ongoing projects include the construction of ENRC plant to produce baked anodes ($ 240 million, completion date — 2011), the expansion of alumina production to 1.7 million tonnes per year ($ 305 million, completion date — 2011).

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