ARMZ has commissioned Phase I of a uranium mine in the Trans-Baikal

December 14, 2012 included in the control loop Uranium Holding "ARMZ" (JSC "ARMZ") Argun Industrial Mining and Chemical Union (JSC "PPGHO") has put into operation the first stage of the objects of the mine number 8 capacity of 100 thousand tons of ore per year. Mine number 8 — the first new underground object of "PPGHO" for the last 20 years.

Stocks mine number 8 — 12.8 thousand tons of uranium. The designed capacity — 370 thousand tons of ore — is scheduled for 2014. In the future, the annual production capacity will exceed 500 million tons of ore.

In the first stage of construction of the mine number 8 was invested 3.49 billion rubles. The total investment in the project will amount to 4.8 billion rubles.

When the project was used a number of innovative solutions designed to improve the economic efficiency of the project and productivity. For example, it uses a new technology of preparation of treatment units, allowing to increase the number of cleaning crews with the use of narrow specializations — Driller driver loading machine, timber-man. At the treatment works and the tunnel will apply high-performance equipment of leading foreign companies.

"This is a celebration for the entire industry, not just for PPGHO. Was a very long break, when we lived uranium groundwork Soviet era, continued to exploit the fact that it was created before us" — said General Director of "Rosatom" Sergey Kiriyenko at the ceremony the opening of the mine, adding that "this is the first project of this magnitude, re-done."

According to him, the mine started a year earlier, the proposed project, with savings of more than 800 million rubles.

"According to the plans, now go out to 100 tons of ore. Should be out by 370 thousand tons, the project that was in 2016, in reality will be in 2014. More than 1.5 years faster and with savings of 1.2 -1.3 billion rubles, "- said Kiriyenko.

Produced from the ore from the mine Malotulukuevskogo field will be processed on existing hydrometallurgical plant PPGHO to obtain uranium oxide.

PPGHO, in 2011, to have about 63% of the production of uranium in Russia, faced with a decline in uranium mining and the degree of technological extraction of uranium from the ore. In this connection, ARMZ is implementing a number of measures aimed at improving operational efficiency PPGHO and improve financial and operational performance combine.

"On the eighth mine we understand exactly break-even, cost-effective operation of the company with the horizon of 2020," — said the head of "Rosatom".

As previously reported, in the framework of a strategy to maintain the level of uranium mining on PPGHO at 2 million tonnes per year in 2017, ARMZ also intends to complete the construction of the mine N6 capacity of 1 million tonnes of ore per year.

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