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Company Alisher Usmanov began to build a mining and metallurgical plant in Transbaikalia - EastRussia | Far East

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Company Alisher Usmanov began to build a mining and metallurgical plant in Transbaikalia

In the Trans-Baikal Territory, the construction of the mining and metallurgical plant Udokan began. "Baikal Mining Company", which is implementing the project, has started preparing the construction site and infrastructure of the future plant, and has also signed contracts with contractors. Enter the first stage of the plant into operation, the investor plans in 2022 year.

According to the press service of the regional government, the annual production capacity of the first stage of the enterprise will be 12 million tons with the subsequent development up to 48 million tons. The main technology of ore dressing and hydrometallurgical processing of concentrates will be a collective flotation scheme.

According to the chairman of the board of directors of the Baikal Mining Company Valery Kazikayev, the Udokan project has been a decade, many were skeptical about this project, so the beginning of the plant's construction became an important border for the development of the entire Trans-Baikal Territory, as well as the USM multidisciplinary group of companies, the founder and the main shareholder which is Alisher Usmanov.

Natalya Zhdanova, Governor of the Trans-Baikal Territory, also noted the high socio-economic significance of the project. According to her, the Baikal Mining Company, which came to the Kalarsky region to develop the Udokan copper deposit, will play an important role in the development of the territory and the whole region, so the regional authorities are ready to support the company in developing Udokan.