In 2019 Rusal intends to start reconstructing the capacities of the Yaroslavskaya Mining Company LLC (Yaroslavsky Mining and Processing Works), which has been idle since September 2013.
Commissioning of the enterprise is scheduled for Q3 2020.
“The works used to produce calcium fluoride, which cost $406 per ton, while China and Mongolia sold it much cheaper. Sales volume dropped, as the Ural processing works were shut down. That is why the decision was taken to modernize the capacities”, Rusal director on new projects Alexei Arnautov said.
Fluoride ore reserves of the GOK deposits are estimated at 19 million tons, and zinc ore – 2 million tons and 15 million tons of previous mining. Rusal believes that will be enough for 10 years of operation. (Ukrainian metal)