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Uralkali starts construction of Ust-Yayvinsky mine

December 29/2011

(Uralkali) -- Uralkali, one of the worlds largest potash producers, announces that it has concluded a contract with Deilmann-Haniel Shachtostroj LLC on construction of shafts for the Ust-Yayvinsky mine.

The contract includes development of operational documentation, construction of facilities for the surface sinking complex, shaft sinking and equipping. The development of operational documentation will start on 1 January 2012. The preparatory works on the construction site of the mine will be launched in March 2012.

The project is to be completed in 2017.  According to Uralkali estimates, the cost of construction of shafts may amount to approximately USD 300 million. It is planned that the Ust-Yaivinsky mine will produce first ore in 2020. The project capacity of the new mine is 2.8 million tonnes.

Author:Marina Ivanova
Category:General News
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