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2012.07.09 | Russian Copper Company to invest $400 mln in Kazakh projects

Russian Copper Company (RMK), plans to spend around U.S. $400 million over the course of two to four years on the development of its projects in Kazakhstan, the company said in a statement Wednesday.

RMK invested $525 million in similar projects from 2004 through 2011, the company said.

The company’s Kazakh unit called Aktyubinsk Copper Company has so far produced around 150,000 tonnes of copper concentrate since 2004.

PRIME-TASS


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