The China Minmetals Corporation’s Peru Las Bambas copper project officially put into operation 

Minmetals Resources ltd owned by China Minmetals China Minmetals Corporation (here after called’China Minmetals’) released a proclamation declaring: Peru Las Bambas copper project officially put into operation.  This marks the creation of the largest overseas acquisition to date in the history of Chinese Mining Las Bambas copper metal construction, commission on site work has been completed on schedule.

Currently LasBambas Copper output is over 400,000ton copper per day rated daily mining energy minerials. Copper concentrator has 2 production line successfully operation, the project enter the producing raise phase. Follow-up, as the project production standards, China MinMetals will become China’s largest copper mine, one of the top 10 manufacturers and the world’s top copper producer.

In the 4^th quarter of 2015, Las Bambas Copper tested debugging work, and smoothly produced out the copper concentrate during this testing period. China Minmetals sources shipped the first 10,000ton concentrate copper on January 15, 2016 at Matarani Peru port.

April 14^th, 2014, Under China Minmetals Minmetals Resources Limited and the National International Investment Limited, CITIC Metal co.,ltd, composition of the Commonwealth and Glencore signed a stock purchase agreement Las Bambas poject. On July 31^st, 2014 sucessfully completed equity settlement. The project’s acquisition price and total capital expenditure incurred more than 10billion U.S.dollars. It is the largest overseas acquisition to date in the history of the implementation of Chinese metal mining. The successful implementation of this acquisition not only greatly enhances the safeguard China’s copper resources strategy, but also have an important role in promoting economic development of Peru and Lartin America economic and trade relations.

Las Bambas is a large, long-life copper  located in Cotabambas, Apuriamac region of Peru. Las Bambas has significant Mineral Resources and Ore Reserves of copper, gold, silver and molybdenum and once in production is estimated to have a mine life in excess of 20 years. The copper has 12million tons

According to reports, in the next few months the project will focus on the production increasing. In order to achieve beneficiation processing capacity 140,000tons per day as nominal capacity as soon as possible. With the enhance production, in 2016 year, Las Bambas copper project’s copper concentrate producing capacity from 250,000 to 300,000ton. After stable production, cash cost will be in the global cooper mine cost curve in the first quadrant.

Pingxiang chemshun ceramics co.,ltd is a professional wear resistance ceramic liner manufacturer since 2002 year. Chemshun Ceramics main product is used in the mining of copper, coal and mining process. For example chemshun wear resistance ceramic tiles, chemshun weldable ceramic tiles, chemshun ceramic rubber wear liner plate, ceramic cylinders, hexagonal ceramics mat etc.

Pingxiang Chemshun Ceramic wear resistance ceramic wear liner used in copper mine

Chemshun ceramic wear resistance ceramic wear liner seller’s popular in the copper mine of Peru and Chile, and mining of Australia. Chemshun Ceramics hope the Las Bambas copper greatly enhances the safeguard China’s copper resources strategy, but also have an important role in promoting economic development of Peru and Lartin America economic and trade relations. Chemshun ceramics wear liner effectively protect the equipment copper from wear and prolong the machine using life.

Chemshun ceramic team will visit the Peru and Chile in April and May 2016, chemshun wear resistance ceramics lining bricks and chemshun ceramic’s team wear solution will bring value to South America mining project and users. Let’s see you in Peru and Chile soon!  

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(The China Minmetal cooperation Las Bambas copper project News source from : China News Agency, Beijing, Jan, 208 2016. Reporter:Liu Chenyao, translated Chinese to English by Allen Yang of Pingxiang chemshun ceramics co.,ltd.)