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Bloomberg

Putin Starts Russian Udokan Copper Cathode Plant After 2023 Fire

Wednesday, September 2, 2026


Russian President Vladimir Putin officially launched a copper cathode plant at the Udokan deposit on February 10, 2026. The facility had been rebuilt following a fire in 2023 that caused significant damage to the original structure. The Udokan deposit is one of the world's largest known copper reserves.

Original reporting: https://www.bloomberg.com/news/articles/2026-09-02/putin-starts-russian-udokan-copper-cathode-plant-after-2023-fire

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