Copying and distributing are prohibited without permission of the publisher

Saudi's Tasnee mulls copper, zinc, lead smelter in Yanbu port

February 09, 2010 - 11:31 GMT Location: London

KEYWORDS: tasnee , red sea , yanbu , copper , zinc , lead , saudi arabia , josephine mason

Saudi Arabian industrial group Tasnee is carrying out a feasibility study about building a copper, zinc and lead smelter at the Red Sea port of Yanbu

The Tasnee smelter would produce an initial 100,000 tpy of each material, with plans to expand to 200,000 tpy of copper, and is due to come on stream in 2013.

More details of the project are expected next week, a Tasnee official said.

News of the project,...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.

If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.

A standard subscription include one year's worth of news and prices. You can also upgrade to the full archive and benefit from more than 13 years of intelligence. Start your subscription today.

Free trial

Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.

Free trial

Already have an account?

Copper

May 21, 2012 10:49 China’s copper imports slip in April
May 21, 2012 10:26 Base metals prices rise in LME pre-market on modest euro gains
May 21, 2012 09:21 Hudbay Minerals scraps $400m note offering due to strong rates
May 21, 2012 08:23 SHFE vs LME arbitrage: copper, aluminium, zinc
May 21, 2012 04:01 LME ASIAN WRAP: Copper prices up rises on China premier's economic growth comments

Comment & analysis

COMMENT: When super-cycle poster child BHP Billiton trims its plans...

BHP Billiton is one of the poster children for the commodities super-cycle: a mining company whose immense upstream assets in copper and iron ore have fed the industrialisation of China since the early years of the 21st century and enabled it to return $52 billion to shareholders between 2001 and 2011.
LORD COPPER: There is nothing to fear after JP Morgan loss ...

So, here we go again. Another bank, another huge trade gone bad. This one doesn’t even appear to have been a case of rogue trading; a whole desk seems to have been operating with the full knowledge of the management and/or risk committee.
COMMENT: Keep calm and carry on?

The decision of the Indonesian government last week to uphold the ore export ban and taxes from May 6 has failed to calm the nervous market. So far, both producers and buyers have displayed an impressive tolerance level to the export uncertainty. But how long will their patience last?