Al Masane to build SR1.5b smelter soon
"Al Masane copper mine in Saudi Arabia's Najran province, which has resumed operation recently after being closed for decades, plans to build SR1.5 billion with a year, said Talal Al Shaer, chairman of Al Masane Al Kobra Mining. The company has exported 8,000 tons of zinc to South Korea and 6,000 tons of copper to India this week. The mine restarted operations in the presence Najran Governor Prince Mishal bin Abdullah. The mine's reserves are estimated at 4.9 million tons of zinc and copper. Besides, its ores contain 97 gram of gold and 31 gram of silver per ton. Presently it is producing 35,000 tons of copper and 45,000 tons of zinc annually. The company has built a crude material treatment plant and started operation in the Q3 of 2011. The plant is operated by a Chinese company."
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