MAJOR COPPER SMELTER TO BE BUILT

Ulaanbaatar /MONTSAME/ A proposal of a working group, the Ministry of Industry and Agriculture, has been supported by the government on building a major copper smelting plant in Bor-Undur of Khentii aimag. A necessity to have such a plant in own country was raised by the Vice-Minister of Industry and Agriculture B.Tsogtgerel. This place has been chosen after several discussions on the location among which were Choir and Khutul. Bor-Yndur is the closest to a site where the raw materials will be mined. According to the document submitted, it is estimated that the plant construction will run in 2015-2018, with a financing of USD 300-400 million. Private entities have presented their proposals to erect same smelters in several other areas as well, says the Ministry.