ARMENIAN COPPER
October 1st, 2002
BY KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend US$3 million to the Armenian Copper Programme to help this joint stock company improve its production processes and boost profitability, with the final aim of making environmental improvements.The idea is to help restructure and grow the business into an export-oriented group, bringing some wealth to the poorer northern part of Armenia. The company produces blister copper from copper concentrate at its copper smelter in Alaverdi. A large proportion of these ...
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