UMMC to invest over 5 bln rbl in upgrade of Rubtsovsky Plant - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

UMMC to invest over 5 bln rbl in upgrade of Rubtsovsky Plant

медьMOSCOW, 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)

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06.04.2021 13:28