May 29 ceremony of laying the foundation of mining and processing enterprise "Mikheevsky."
Mikheevskoye deposit porphyry copper ores in the Chelyabinsk region of the Russian Federation — one of the largest copper deposits in Russia: international independent research consultancy group CRU field is included in the 50 largest copper deposits in the world.
GOK "Mikheevsky" — a project of federal importance in the modern history of Russia is the largest project for the construction of mining and processing enterprise "from scratch" in the post-Soviet space.
Russian Copper Company’s investments made in the amount of about 787 million dollars. Who has invested about 244.6 million dollars. The project will create more than 700 jobs. The planned amount of tax deductions for the duration of the project at all levels of the budget — about 28 billion rubles.
"The social value of the project is large. Besides the tax deductions and job creation, we can not forget the multiplier effect. Construct infrastructure, engaged local contractors. As a socially responsible company, we realize the social, cultural and educational programs in the regions where it operates," — commented Chairman of the Board of Directors of RMK importance of the project for the Chelyabinsk region.
In 2011, tax revenues and fees RMK enterprises, located in the Chelyabinsk region amounted to about 1.7 billion. In the 1st quarter of 2012 — more than 605 million rubles. The total amount of investment, which Russian Copper Company plans to invest in 2012 in the development and modernization of enterprises located in the region of more than 19 billion rubles.
Start-up of mining and processing plant with an annual production of which is 18 million tons of ore, planned for the second half of 2013
The company will be integrated into the process chain of RCC, which includes a full production cycle, from mining to production of cathodes and rod. Running Mikheevka and the second largest project of RMK, Tominskogo Mining, the company will provide raw materials for the next 25 years.
Russian Copper Company is set for further expansion of activities in the field of development of new deposits. "RCC is actively developing its resource base, using modern technology. Parallel, we are upgrading our facilities — said shareholder RMK development of the company.
Today RCC ranks third in Russia in terms of production of copper cathode and the second largest producer of copper rod. In 2011, the RCC has produced 180,600 tonnes of copper cathode equivalent.