Russian Copper Company, Oil and Gas
The RF Ministry of Economic Development includes "Makfa", "Mechel" and ChTPZ into the list of the backbone organizations in Russia.Edited by Rhod Mackenzie / 2015-02-09 12:50:09
The RF Ministry of Economic Development included "Makfa", "Mechel" and ChTPZ into the list of the backbone organizations in Russia. The list was approved by the anti-crisis commission. There are almost 200 companies together with the Chelyabinsk ones. They all are eligible for state guarantees in the amount of not more than 5 billion roubles as a priority. They will be set for investment projects and restructuring of the current debts.
Copper cathodes production in Russia is actually distributed between Norilsk Nickel, UGMK and Russian Copper Company. Last year it was slightly less than 1 million tons, Y. Raikov, the CEO of Tsvetmetobrabotka says. Production of copper rolled wire, cables and conductors was 744,000 tons in 2013, and exports were 405,000 tons. Production of rolled copper and its alloys was 70,000 tons.
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