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