UMMC to invest over 5 bln rbl in upgrade of Rubtsovsky Plant
MOSCOW, Apr 6 (PRIME) -- Sibir Polymetally, part of RussiaТs Ural Mining and Metallurgical Company (UMMC), will invest more than 5 billion rubles to upgrade Altai Region-based Rubtsovsky Ore Dressing Plant, UMMC said in a statement on Tuesday.
The upgraded dressing unit will be launched in the second half of 2022 and will increase the plantТs capacity to 1.5 million tonnes of ore annually.
Production of zinc concentrate will more than double to 200,000 tonnes annually after the upgrade.
(76.6052 rubles Ц U.S. $1)