Asarel Medet

Asarel Medet
joint-stock company
IndustryMetals and Mining
Founded1964
Headquarters,
Area served
Bulgaria
ProductsCopper extraction, manufactured copper products
Number of employees
1,200 (30 September 2022)
WebsiteAsarel.com

Asarel Medet (Bulgarian: Асарел Медет) is a Bulgarian company extracting and processing copper. The mine and the processing factory are situated at 11 km to the northwest of the town of Panagyurishte in the Pazardzhik Province, Bulgaria. It extracts over 13 million tons of copper ore every year and produces copper concentrate which is sold worldwide, including to the Pirdop copper smelter and refinery at about 25 km north of Panagyurishte. The ore also contains molybdenum, nickel, gold, silver. The number of employees is 1,200, not including 400 hired in its subsidiaries. In addition, the company attracts 6,400 indirect jobs in the region and nationwide in different related services.[1] It is the largest employer and taxpayer in Pazardzhik Province.[1] Asarel Medet produces copper concentrate and cathode, mainly used as raw materials for copper smelters and partially for the chemical and ceramics industry. The company produces about 200 thousand tons of natural copper concentrate annually with 25% copper grade.[2]

  1. ^ a b "About Asarel Medet". Official Site of Asarel Medet. Retrieved 29 September 2023.
  2. ^ "Products". Official Site of Asarel Medet. Retrieved 29 September 2023.