This year IRC Group intends to make its Kimkano-Sutarsky Mining and Processing Works reach its full capacity of 3.2 million tons of iron ore concentrate per year and start increasing the capacity to 4.5 million tons.
Private investments in the project begun in 2016 have already exceeded 29 billion rubles.
At present the company is operating at the 75% of its full capacity.
In January 2017 the plant was producing some 60 thousand tons of high quality iron ore concentrate, while now it produces around 200 thousand tons each month. (Ukrainian metal)