Kuzbassrazrezugol to invest 1 billion roubles into the development of the open-cast mine of Kedrovsky in 2012

The coal company “Kuzbassrazrezugol” (KRU,  managing company – OOO “UGMK-Holding”) will invest 1 billion roubles into the development of the open-cast mine of Kedrovsky in 2012, they stated to Interfax.

In particular, 750 million roubles will be directed for a purchasing of mining equipment, i.e. 9 “BelAZ” of 220 tons cargo capacity, a dump truck Terex of 100 tons capacity, a bulldozer Komatsu, diesel loco and other facility.

According to Interfax, the facility is purchased to renew the existing transport park and to support the production capacity of “Kedrovsky”.

There planned to direct 90 million roubles for a launch of a technological complex of water supply and processing of waste-water treatment at a processing plant “Kedrovsky”.  The remaining funds are for an acquisition of an additional and updating of the current equipment and for capital construction.

The annual production volume at the mine Kedrovsky makes up about 5 million tons of steam coal.

Kuzbassrazrezugol is the second largest company on coal production in Russia. In 2011, the total volume of production made up 47 million tons of coal, inclusive of 5 million tons of coking coal. The company comprises 6 branches: Kedrovsky, Mokhovsky, Bachatsky, Krasnobrodsky, Taldinsky and Kaltansky coal mines. Besides, the company includes the mine Baikaimskaya and 2 economically autonomous structural subdivisions “Avtotrans” and “Salair mining production”.

http://www.mineral.ru/News/49577.html

translated by Iraida Idiyatova