5.4bn RUR to Be Invested in Cheremukhovskaya Mine

February 8, 2013. Governor of Sverdlovsk Region Evgeny Kuivashev said at a meeting with the employees of Sevuralboksitruda on February 6 that the regional authorities intended to give all kinds of support to the creation of a developed social sphere in Severouralsk, the Governor’s Information Policies Department reports.

The Governor pointed out that the town’s primary enterprise’s long-term development plans mean both the local industry and the region’s aluminum sector in general can be quite confident about their future.

The company is currently implementing a project that is unique to Russia: the construction of Cheremukhovskaya-Glubokaya mine. The mine will be 1,500 meters deep and will require over 5.4bn RUR worth of investments. The mine workers will have to process 13.5km worth of ground; according to Sevuralboksitruda’s Managing Director Ivan Makhrakov, this is comparable with the total length of the Yekaterinburg Underground. Before the end of the year, a building with a hoist engine will be put up there to take people and freight up and down and to deliver ore from the mine.