Chinese company exports over 3000 tons of copper from occupied Ukrainian territories - Reuters

Chinese company exports over 3000 tons of copper from occupied Ukrainian territories - Reuters

The Chinese bought copper from October 2022 to March 2023 at the Debaltseve plant

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Chinese company exports over 3000 tons of copper from occupied Ukrainian territories - Reuters

The Chinese company Quzhou Nova purchased copper alloy ingots from a plant located in the occupied territory of Ukraine. The cost of the purchased metal with a total weight of 3,220 tons is $7.4 million.

Source. This was reported by Reuters with reference to Russian customs data,

According to the data, the Chinese bought copper from October 2022 to March 2023 at the Debaltseve Metallurgical Engineering Plant in Donetsk Oblast. The ingots were exported through the port in Novorossiysk, Krasnodar Territory.

Quzhou Nova told the agency that the company does not conduct any operations related to the export or import of copper alloys in ingots. A source at the plant in Debaltseve told Reuters that the company has a non-ferrous metallurgy shop, but declined to discuss the supply of copper alloys to China, citing commercial confidentiality.

China has not imposed any restrictions on trade with Russia, the agency reminds, but the US and EU have threatened to blacklist companies from third countries for violating sanctions. These sanctions prohibit exports or imports from the occupied territories of Donetsk and Luhansk regions.

Background. As reported, a British company supplied electronics worth $1.2 billion to Russia.

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