The arbitrary court of the Novosibirsk region has declared the Mineral Group LLC bankrupt.
The company intended to construct a complex to mine and process titanium-zirconium ores.
The claim to the company was submitted by Story-ka LLC because of the debt of 3.6 million rubles.
The project to construct the complex valued at 1.25 billion rubles was approved in 2010. At that time the investor planned to mine over 50 thousand tons of ilmenite, 15 thousand tons of zirconium and 4 thousand tons of rutile concentrate. (Ukrainian metal)