AW1 7.55% 4.9¢ american west metals limited

AW1 General Chat, page-3231

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    The Udokan Copper Project is built for decades of copper production. it's a complex processing facility (crushing, grinding [2x SAG & 4 ball mills], flotation, filtration, leaching & electrowinning) to produce a combination of copper concentrate and pure copper cathodes for sale.

    The presence of a significant orebody like Udokan can be a strong motivator for project development.



    Udokan Copper Mine Project Development Phases


    https://hotcopper.com.au/data/attachments/6208/6208613-61dca1dd8f1ed7d24e54d065fe9881aa.jpg


    The Udokan Copper Mine project can be summarized in these following phases:


    Company Background

    • Established in 2008 by USM Holding to develop the Udokan copper deposit.
    • Owns a patented flotation and hydrometallurgical process for minimized environmental impact.
    • Committed to social development in the Zabaykalsky Krai region.

    Mine Development

    • Began development in August 2020 in the "Zapadny" open-pit area.
    • Current production capacity around 6.5 million tonnes of ore.
    • Russia's largest copper deposit with 27 million tonnes of copper at 1.05% Cu & also containing 33,000 tonnes of silver,
    • 70 year mine life

    Processing Plant Construction

    • Construction began in 2019 with an investment of over US$2.8 billion (Stage 1).
    • Faced challenges due to high altitude (1800 metres above sea-level), harsh climate, and permafrost conditions.
    • Includes a concentrator plant (Conc Plant) and a hydrometallurgical plant (Hydro Plant).

    Concentrator Plant (Stage I)

    • Launched in September 2023 during the Eastern Economic Forum.
    • Processes 15 million tonnes of ore per year (MTPA) to produce 150,000 tonnes of copper concentrate.
    • First stage involves operating one comminution line and all flotation facilities.

    Hydrometallurgical Plant Commissioning

    • Began in December 2023 with filter presses and related equipment.
    • Expected to be fully operational by Q2 2024.

    Future Expansion (Stage II)

    • Planned for completion by 2028.
    • Will increase processing capacity to 24-28 MTPA of ore.
    • Expected to produce 450,000 tonnes of copper concentrate and cathode per year.

    Production Targets

    • Reach design capacity of 12 million tonnes of ore by end of 2024.
    • Produce 135,000 tonnes of copper concentrate and cathode per year by end of 2024.
    • Increase annual capacity to 15 million tonnes of ore and 150,000 tonnes of copper by 2026.

    Market Focus

    • Target domestic and international markets, with a priority on China for exports.



    https://udokancopper.ru/en/about/
 
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