Severin Development will carry out the Malmyzh deposit financial and technical audit for the Russian Copper Company.
The availability of the professionally done technical expertise will allow attracting long-term financing to the project and control the usage of loan funds.
RCC intends to construct a processing works with the capacity of 56 million tons of ore and 158 thousand tons of copper concentrate per year.
The first stage will be commissioned in late 2023, and the second – in H2 2024. (Ukrainian metal)