OREANDA-NEWS. February 08, 2011. Eurasian Natural Resources Corporation PLC ('ENRC' or, together with its subsidiaries, the 'Group'), announces its Production Report for the fourth quarter ended 31 December 2010, reported the press-centre of KASE. 

Group production volumes for the quarter were slightly ahead in the Ferroalloys Division and remained largely in line for the other Divisions in Kazakhstan when compared to Q4 2009, a period when we had already seen a significant recovery in production. Our Ferroalloys Division, in Kazakhstan, and the Iron Ore Division, continued to operate at effectively full available capacity. In the Alumina and Aluminium Division, aluminium volumes were higher as the smelter operated at its full Phase 2 production capacity throughout the quarter. Electricity generation rose, due to an increase in available capacity. In the Other Non-ferrous Division, copper and cobalt production, which commenced in Q4 2009, achieved their 2010 full year production targets.

- Ferroalloys Division. Volumes for most ferroalloys products grew versus Q4 2009;

- 5.6% increase for total ferroalloys;

 - 6.3% increase for ferrochrome; including 5.3% for high-carbon ferrochrome.

- Iron Ore Division. Production volumes increased slightly compared to Q4 2009;

  - 2.2% increase for iron ore extraction;

  - 4.4% increase for saleable concentrate;

  - the recovery in pellet demand towards the end of Q3 2010 continued, and the proportion of pellet in the saleable mix increased further in Q4 2010, although not reaching Q4 2009 levels.

- Alumina and Aluminium Division. Bauxite extraction increased 6.1% and alumina production grew 0.7%, compared to Q4 2009. The Division produced 62 kt of aluminium, an increase of 72.2% compared to Q4 2009, as the smelter operated at its full Phase 2 capacity.

- Other Non-ferrous Division. Saleable copper production in Q4 2010 was 4,992 t and cobalt contained production was 2,904 t.

- Energy Division. Coal extraction decreased 5.0% compared to Q4 2009, a quarter that had seen a marked recovery in the demand for coal. Electricity generation increased 6.3% compared to Q4 2009, due to greater available capacity. Internal electricity sales were broadly stable against Q4 2009.

- Logistics Division. 2.5% decrease in the volume of goods transported by railway.

Felix J Vulis, Chief Executive Officer, said: "Our operations in Kazakhstan performed strongly and were at effectively full available capacity in Q4 2010. Increased aluminium production resulted from the smelter operating at its full Phase 2 capacity, achieved in Q2 2010. In the Other Non-ferrous Division, the annual production target was achieved for copper and cobalt. In addition, in Q4 2010 the cobalt SX/EW processing plant commenced with commissioning and produced its first copper as the Group advanced its development and capex in Africa. The Group continues to be focused on optimising production levels, as well as taking steps to maintain its advantageous cost position."