Severniy Mine, the main supplier of raw materials to Kola Iron and Steel Works, will be in development until 2060.
“We intend to further develop the south underground site and reach the next horizon – 740 meters, which will allow us to prolong its operation till 2060”, Kola mineral and raw materials complex deputy CEO Konstantin Nesterov said.
He did not specify the volume of the reserves. (Ukrainian metal)