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Zinc Production Is Expected to Increase

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Abraham Chahuan, chief executive of Peru's copper and zinc miner by using copper sulphide ore smelting system - Antamina,said that as international zinc prices are expected to improve further, zinc production is expected to reach 340,000-360,000 tons next year, higher than the170,000-180,000 tons output forecast this year. He predicts that copper production in 2017 will be little change from this year's capacity (420,000-430,000 tons). "We have exploitation of mineral " Chahuan said in a press conference in Lima. "As in next year, more zinc will be produced over the next few years,which is also in line with the potentially strong zinc price." The government needs to conduct a feasibility study before deciding to build another copper smelter by using indirect hot blast furnaces.

Antamina produced 411,973 tons of copper last year, with zinc production of 298,265 tons, plumbum production of 8.716 million tons,molybdenum production of 2,018 tons and silver production of 589,931 kg.

Glencore and BHP hold a 33.75% stake in Antamina, Teck Resources hold a 22.5% stake and Japan's Mitsubishi Group
hold a 10% stake.

copper and zinc miner

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