China
Non ferrous Metals Company (CNMC) - Luanshya Copper Mines plc plans to spend an
estimated cost of $60million to construct the new Cobalt treatment plant at
Luanshya Mine.
The
construction works are expected to commence in the first quarter 2013.
in an interview in kitwe, CNMC Luanshya
copper mines HEAD of PUBLIC RELATIONS AND LOCAL BUSINESS DEVELOPMENT, SYDNEY
CHILEYA says the cobalt plant will have an annual production capacity of
2000tonnes of cobalt salt per annum.
Mr.
Chileya says the plant is expected to create over 500 permanent jobs for
the locals.
He
says CNMC-LUANSHYA COPPER MINES will also set up a mini crushing and milling
plant at a cost of $40million to provide material from the two slag dump sites
located in the plant area for the new cobalt treatment plant.
Mr.
Chileya has explained that over the past three years CNMC has pumped into
Luanshya Mine about $555million for various company operations
He
has reiterated the company’s commitment of being a reliable and committed
investor whose vision and desire is to help in the development of not only
Luanshya Town, but the country’s economy as a whole.
Mr.
Chileya has further stated that besides the $360million which has been spent to
develop Muliashi Mine, in the last 3years the mining company has also spent
over $70million to upgrade and modernize Baluba Mine.
He
has explained that in June 2009 when CNMC took over Luanshya Mine there was
only a force of 1600 workers but today the mine employees over 3000employees
for both Baluba and Muliashi Mines
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