China’s diversified mining company West Mining is on track to start production at the second phase of its Yulong copper mine tomorrow.
The mine, located in the southwest Tibet autonomous region, is the largest single copper deposit in China with a reserve of about 6.5mn t containing an average grade of 0.55pc.
West Mining’s copper production will reach around 150,000t in 2021 following the start-up of the second phase of the Yulong mine. The firm owns a 58pc stake in the mine. It produced 49,074t of copper from the first phase of the mine in 2019.
West Mining also has an iron ore reserve of 284.1mn t, as well as a lead ore reserve of 1.79mn t, zinc ore reserve of 3.27mn t, molybdenum ore reserve of 361,000t, nickel ore reserve of 270,600t, vanadium pentoxide ore reserve of 589,400t, silver ore reserve of 2,514.42t and gold ore reserve of 12.75t.
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