Steppe Copper LLC is the main investor of Achit Ikht LLC and provides them management consulting services. It is the first and only Mongolian company to become a member of the London Metal Exchange.
The plant of the national manufacturer Achit Ikht LLC was established in 2014 in the Bayan-Ondur soum of Orkhon aimag, processes copper using the hydrometallurgical method, produces and exports cathode copper with a purity of 99.999% grade “A” of the London Metal Exchange.
The plant has been operating for the 10th year using derivative ore resources from the second dump, which are not suitable for the flotation technology of the Erdenet State Owned Enterprise. In addition to production and administrative operations, the fire alarm, protection and extinguishing system is fully automated and digitalized.
Achit Ikht LLC became a member of the London Metal Exchange (LME) in 2019.
The company has implemented the following standards in its activities:
As part of sustainable development and “Net Zero” goals, the following activities are initiated and implemented:
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