The acting governor of Bashkortostan Radiy Khabirov and the CEO of UGMK-Holding LLC Andrey Kozitsyn have signed an agreement of intent to carry out an investment project to construct a mine with infrastructure and develop the Podolskoye copper-zinc deposit.
The first stage is expected to be commissioned in 2026.
Investments will amount to 50 billion rubles.
Some 400 jobs will be created. (Ukrainian metal)