Erdenet Mining Corp is carrying out a feasibility study for the construction of a 100.000-tpy copper smelter, according to commercial department head N. Enkhbaatar.“We have no problem with energy in Mongolia,” he said on the sidelines of a conference in London but did not give timelines and details of the copper cathode plant.
The company has an annual capacity of 530,000 tpy of copper concentrate.“We sell all our concentrate to Chinese smelters through agreements with traders,” Enkhbaatar said. The company would like to sell directly to the Chinese copper smelters, he said, adding that the company has two-year supply contracts with major trading houses.