Chelyabinsk Zinc Plant Reports Production Results for 1H
OREANDA-NEWS. On 27 July 2009 was announced, that Chelyabinsk Zinc Plant (LSE: CHZN, RTS: CHZN, MICEX: CHZN),
CZP’s subsidiary, Nova Zinc LLC, operator of Akzhal zinc and lead mine in Kazakhstan, processed 596.3 thousand tonnes of ore in January – June of 2009, 10.8% less than for the same period of 2008 (668.8 thousand tonnes). Average zinc content in the ore for the period was 3.17% with average lead content of 0.43%, compared to 2.18% and 0.52% respectively a year ago. Production of zinc in zinc concentrate for the first six months of 2009 increased 29.45% to 17,217 tonnes over the prior year result of the same period of 13,300 tonnes. Lead in lead concentrate production decreased by 26.6% to 2,088 tonnes (vs. 2,843 tonnes in the first half of 2008).
CZP’s subsidiary, The Brock Metal Company Limited (the leading
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