17:47 - 13.01.2026
January 13, Fineko/abc.az. The initial exploitation period of the remaining reserves is planned for 2025–2030. During this period, the export of 85,000 tons of copper metal in concentrate form to the People’s Republic of China, valued at 1.6 billion manats, is envisaged.
ABC.AZ reports that this was announced to President Ilham Aliyev, who was present at the opening of the complex.
At the same time, an increase in copper reserves at the deposit is forecast in the coming years: According to preliminary geological exploration data, approximately 470,000 tons of additional copper reserves are estimated to be available. The extractable volume of these reserves will be clarified following a four-year geological exploration and research program.
Private investments amounting to 15.3 million manats were directed to the reconstruction and restoration works.
The complex includes a copper flotation plant, a wet tailings storage facility, an electrical substation, and other infrastructure. Covering a total area of 929 hectares designated for mining and production, the complex has been reconstructed using Turkish and German technologies.
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