06. Apr 2006
PRC’s largest copper mine in TAR to start construction in May
(Xinhua) The construction of Yulong copper mine in the TAR, with an estimated 6.5 million tons of reserves, is due to commence in May 2006. The Yulong Copper Industry Company aims to put the mine into operation within three years, said general manager Li Jinqian at a meeting in Lhasa, and it will be the biggest mine of its kind in the People’s Republic of China (PRC). The mine will produce 50,000 tons to 100,000 tons of electrolytic copper every year after two phases of construction, said Li. The company will emphasize environmental protection in building the copper mine with measures including land rehabilitation and the recycling of used water, Li said. Investors signed an agreement in April 2005 to set up the Yulong Copper Industry Company for tapping the mine in Yulong township, Jomda (Chin: Jiangda) county of Chamdo (Chin: Qamdo) prefecture, TAR.