June 11, 2011 The first phase of a new concentrator in the field "Jubilee", LLC "Bashkir Copper" (part of the holding UMMC) launched in Haybullinskom region of the Republic of Bashkortostan.
Construction of the factory has been pending for three years. During this time, the project was invested 4.3 billion rubles of investments. In early June the plant reached its design capacity of 1.5 million tonnes of ore per year.
General Director of LLC "Bashkir copper" Sergey Dyachenko said that the launch of the first stage of the factory allowed to create 280 new jobs. After two years, is expected to start construction of the second stage of the factory, as well as an underground mine depth of 1,200 meters.