OREANDA-NEWS. Finland’s Outotec has signed an agreement with Russian Copper Company, RMK, on the design and supply of a new copper concentrator worth 50 million euros to the company’s Tominsky deposit in the Chelyabinsk Region, Outotec said.

The equipment will be supplied in 2014, while the plant is scheduled for launch in 2015.

At the first stage, the plant will process about 14 million tonnes of ore and produce 63,000 tonnes of copper in concentrate. The design processing capacity of the concentrator will amount to 28 million tonnes of ore.

RMK is the third largest copper producer in Russia, with 16% of the refined copper market.