Date: 10 months ago   Category: Industry

Construction of Udokan MMC has begun in Zabaykalsky Krai — Rambler News Service


"The Baikal mining company" (BGK, is controlled by "The holding company of YueSeM" which main beneficiary is Alisher Usmanov) has begun preparation of the building site and infrastructure of Udokan mining and smelting plant, the official site of Zabaykalsky Krai has reported. "In the next months the company plans to finish creation of management of capital construction and road-building structure directly on an object. All necessary project documentation of Udokan MMC is already directed to state examination" — it is said in the statement. Annual production rate of the first stage of the enterprise will be 12 million tons with the subsequent development to 48 million tons. The plant will produce cathodic copper and a sulphidic concentrate. Commissioning of the first stage of plant is planned for 2022. The field is in the Kalar district of Zabaykalsky Krai. It is the largest in Russia and one of the world's largest the undeveloped field of copper. Mikhailovsky GOK has obtained the license for Udokan in 2008. Later BGK became the operator of the project.

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