Novosibirsk Tin Combine cannot be saved
Edited by vadim / 2013-07-03 06:48:12
Novosibirsk Tin Combine cannot be saved and should be driven to bankruptcy, the creditors decided. The Arbitration Court should admit the decision within a month. The only Russian tin producer has not sources for operation. Most of the Russian ore-dressing combines stay idle, and it’s nearly impossible to enter the foreign market.
The combine was launched in 1942. In 2000 – 2006 it actively developed own raw materials base. In 2011, the combine made 725.8 tons of trade tin, 51% of the planed , the loss was 31.3 million tons. Trade tin yiekd was 900 tons in 2012.
