Daye Nonferrous will begin concentrates blending operation in Malaysia – sources

Daye Nonferrous, one of China’s major copper smelters, plans to start a concentrates blending operation in Malaysia’s Port Klang, two sources familiar with the matter told Metal Bulletin.

Daye Nonferrous has tapped into the concentrates blending market by buying a Malaysian company named Qiansheng, and it expects the business to be operational by the middle of this year, one of the source said.
Through Qiansheng, Daye Nonferrous owns both a blending licence and warehouses in Malaysia, which makes the planned operation easier, the source added.
Due to the exploitation of several new high-arsenic copper deposits and unexpected spikes in the arsenic content of existing mines, blending facilities have become an integral part of the trade in copper concentrates in recent years.

Under import rules introduced in 2006, it is...

Published

Kiki Kang

April 08, 2016

08:00 GMT

Shanghai