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Metal Product Manufacturer in Sofia
Assarel-Medet JSC Mining and Processing Complex is the first, biggest and leading Bulgarian company for mining and processing of copper and other types of ores providing more than 50 % of…
Listed since 2010 · updated January 2011
This listing was last updated in 2011. Details may have changed, so check them with the company. If you work here, take over this listing to update it.
Assarel-Medet JSC Mining and Processing Complex is the first, biggest and leading Bulgarian company for mining and processing of copper and other types of ores providing more than 50 % of the national production of the vital metal for the human development - copper. The company is a main agent for the social and economic development and the image of the municipality of Panagyurishte and the district of Pazardzhik. It has a structure determining significance and a unique place in Bulgarian economy. Our strategic objective is to achieve a low cost-price per unit of the produced high quality metal copper and respectively for the produced concentrate, involved products and services through efficient complex utilization of raw materials in the healthy, safe and environment friendly mining operations.
The history of the leader in Bulgarian ore mining industry dates back to the official commissioning of Medet Mining and Processing Complex on December 29, 1964. Assarel-Medet Technological Mining and Processing Complex was established in 1986 by consolidating the Medet Mining and Processing Complex (1964-1994) and the newly built production capacities of the Assarel Mine and Concentrator Plant, commissioned on December 6, 1989. Assarel-Medet exists in the legal form of a joint-stock company since 1991 as its core activity is open pit mining and processing of copper and copper-pyrite ores, biochemical leaching of copper and the associated trade and engineering activities.
The first concession in the country for ore and minerals mining on December 23, 1998 and the first privatization in the Bulgarian mining industry on June 15, 1999 are written in the company’s chronicles.
Assarel-Medet JSC produces and offers for the country and abroad copper concentrates, cementation and cathode copper of high quality. It traditionally mines the biggest quantity of material in the Bulgarian ore mining industry and processes about 13 mln. tonnes of ore per year thus ensuring sustainable development and thorough utilization of the mineral raw materials of the Assarel deposit.
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