SAT&Company intends to build a mining and processing works at the Gornostayevskoye deposits in the East Kazakhstan region valued at $252.5 million.

The GOK will process cobalt-nickel ores and extract nickel, cobalt and FN-20 ferronickel. The project capacity will be 1.9 million tons of ore and 9.5 thousand tons of nickel material per year.

In 2021 the works revenue is expected to exceed $100 million, and in 2030 will increase to $184 million.

The nickel reserves at the deposit amount to 289 thousand tons.

In November 2009 SAT&Company purchased the 100% stake in Kaznickel, which owns the license to develop the Gornostaevskoye deposits. (Ukrainian metal)

Your advertisement under each post on this site. DETAILS

Leave Comment

Your email address will not be published. Required fields are marked *

clear formSubmit