Production of copper wirerod at Kyshtym Copper Plant (JSC 'KMEZ'), Chelyabinsk region, Russia, increased by 57% y-o-y to reach 99,000t in 2011. The plant is majority owned by Russkaya Mednaya Kompaniya (RMK). Output of copper cathode at the facility also rose by 2% y-o-y to reach 115,600t. The plant is undergoing development and modernisation work, which involved an investment of 144M roubles (US$4.8M) in 2011 and is expected to require at least a further 170M roubles (US$5.6M) in 2012. RMK stated that it will invest 19.0B roubles (US$627M) in the Chelyabinsk region in 2012.
Russkaya Mednaya Kompaniya's (RMK) Kyshtym Electrolytic Copper wirerod plant (JSC 'KMEZ') in the Chelyabinsk region is undergoing development and modernisation work, which involved an investment of 144M roubles (US$4.8M) in 2011 and is expected to require at least a further 170M roubles (US$5.6M) in 2012. RMK stated that it will invest 19.0B roubles (US$627M) in the Chelyabinsk region in 2012.