Rostec to invest 5 bln rbl in emerald-beryllium ore field

MOSCOW, Sep 1 (PRIME) -- Russian state industrial corporation Rostec will establish a company on the basis of the Malyshevsky emerald-beryllium ore field and invest almost 5 billion rubles in it, Rostec said in a statement on Friday.

Rostec will invest in construction of a modern ore-dressing plant and development of new sites containing emerald, alexandrites and beryls. The company’s production is to grow 10 times by 2025, the company said without specifying the production volume.

(58.5454 rubles – U.S. $1)

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