Kabardino-Balkaria readies to resume tungsten production in 2021 - Metals & Mining - 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

Kabardino-Balkaria readies to resume tungsten production in 2021

NALCHIK, Nov 18 (PRIME) -- Construction of buildings and facilities to resume production and processing at the Tyrnyauz tungsten-molybdenum field in the republic of Kabardino-Balkaria will start in AprilЦJune 2021, the regionТs head said in a statement late on Tuesday.

УIn accordance with the document, construction of buildings and facilities and construction of road infrastructure will start in the second quarter of 2021. The launch of new production is scheduled for the end of 2023,Ф the statement read.

President Vladimir Putin ordered the government to resume production at the Tyrnyauz field in 2016. The projectТs total cost exceeds 27 billion rubles. The Natural Resources and Environment Ministry, the North Caucasus Affairs Ministry, state industrial corporation Rostec, and Wolfram Company plan to create a facility for deep processing of tungsten-bearing raw materials in the North Caucasus Federal District.

In 2018, RostecТs subsidiary Elbrus Mining Company won an auction for development of the Tyrnyauz field. The company evaluated reserves of the field and developed a feasibility study. A beneficiation plant and a hydrometallurgical plant at the field will have a production capacity of up to 4,500 tonnes of tungsten oxide.

(76.2530 rubles Ц U.S. $1)

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18.11.2020 08:45
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