LHASA, Aug. 15 (Xinhua) -- Production of China's largest proven copper
deposit will start in the Qamdo Prefecture of the country's southwest Tibet
Autonomous Region next month, after two years of preparation, said a senior
industry official in Tibet.
Yang Qianrang, an industrial planning official with the regional economic
commission, confirmed on Thursday that a production line with an annual capacity
of 10,000 tons of refined copper has been built in the Yulong Copper Mine.
The mine, with a proven deposit of 6.5 million tons of copper in ore form
and prospective reserves of 10 million tons, will be the second largest in Asia.
Yang said that the Tibet Yulong Copper Co. Ltd. has finished building the
basic infrastructure, as well as staff recruitment and training. It is expected
to produce 2,000 tons of refined copper this year.
The first phase of construction, costing 1.8 billion yuan (262 million U.S.
dollars), will be finished by 2010, by which time the mine is expected to
produce 30,000 tons annually, Yang said.
He said that the company hopes to expand the production capacity to 100,000
tons a year eventually.