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Tongling to set up new copper smelter in China

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BEIJING (Commodity Online): Tongling Non-Ferrous Metals group is setting up a new copper smelter at Jinchang in Anhui province with a total capacity of 400,000 tonnes.The new smelter scheduled to begin functioning in mid-2012 will have an annual capacity of 200,000 tonnes in the first phase.

Chinese NanchangEngineering Institute is in charge of local engineering and project implementation. Outotec has been awarded a contract for the design and delivery of the new copper smelter with a contract value is approximately EUR 15 million.



"Environmental sustainability is a very important criterion in China today.Tongling chose Flash Smelting combined with Flash Converting of Outotec, because it is the cleanest copper process available and offers the lowest investment and operating costs together with the most effective emission control", says Pertti Korhonen, CEO of Outotec.
NCDEX TURMERICNIZAMABADJUN12 20 June 2012 contract was trading at Rs 0 . What's your view on it?
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