29 May 201909:15
EVRAZ Starts Work on Sobstvenno-Kachkanarsky Deposit
UrBC, Yekaterinburg, May 29, 2019. EVRAZ Holding started working on Sobstvenno-Kachkanarsky Deposit of vanadium-bearing titanium magnetite ores, EVRAZ Holding Ural’s Corporate Communications Center reports. The industrial mining proper is expected to start in the first quarter of 2021; the project is part of an investment program that covers projects that are strategically important to Sverdlovsk Region. Implementing the first stage of the project requires RUB 6.4 billion; this is going to be a one-mine site, with 13,000,000,000 kg of ore a year getting extracted by 2024. 135 new jobs will be