Yanolovo will start developing the Tirekhtyakhskoye tin deposits in 2019 with the support from a Chinese investor.
Investments in the project are estimated at 4 billion rubles.
The project will cover Russia’s domestic needs in tin.
At present Russia buys tin from China, but its reserves are running low. Thus, in future some Russian tin could be exported.
The company obtained the license to the deposits in 2015. The output is estimated at 500 tons to 3.5 thousand tons per year. (Ukrainian metal)