Big mining and raw material investment in Siberia

A number of major mining and other industry infrastructure projects are being implemented in the Siberian Federal District. A new €488.18million 5,000tonne capacity a year polycrystalline silicone plant in the Irkutsk region is being funded by the Nitol Group. The Kemerovo region will house the new €112.9million Kaskad concentrating mill with a coal processing capacity of 4millionn tonnes per year serving Vinogradovsky, Karagailinskaya and Sibirskaya mines. The mill is being funded by Kuzbasskaya Toplivnaya
May 24, 2012 Read time: 2 mins

A number of major mining and other industry infrastructure projects are being implemented in the Siberian Federal District.

A new €488.18million 5,000tonne capacity a year polycrystalline silicone plant in the Irkutsk region is being funded by the Nitol Group. The Kemerovo region will house the new €112.9million Kaskad concentrating mill with a coal processing capacity of 4millionn tonnes per year serving Vinogradovsky, Karagailinskaya and Sibirskaya mines. The mill is being funded by 5733 Kuzbasskaya Toplivnaya. A further €37.6million is being spent by Siberia Business Union upgrading Kemerovo House-Building Plant.

Other major new infrastructure works include:

  • Krasnoyarsk region – 5734 Mekran is constructing a woodworking plant worth €150.6million.

  • The Omsk region – 5735 Gazprom Neft is funding the building of Poliom polypropylene plant and upgrading facilities of Omsk Refinery.

  • The Republic of Khakassia – Progres-S is financing gas extraction from four gas wells at Novo-Mikhailovskaya field.

  • The Tomsk region - Tomsk House-Building Company is launching pre-fabricated reinforced concrete lines worth €12.05million.

  • The Altai region – 3784 UMMC-Holding has launched a €30.12million mine at Stepnoye deposit; a €3.71million tyre production line with capacity of 20-30million tyres per minute at Altai Tire Plant, and upgraded Altaivagon's production site at a cost of just over €50,000.

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