Tugansky ore dressing plant Ilmenite starts designing GOK

Leadership of Tomsk company Tuganskiy ore dressing plant Ilmenite has announced the beginning of design of mining and processing plant (GOK) for production of titanium-zirconium concentrates.

Investment in the project, which will be implemented in two stages, may exceed to $132 million by 2019. The foreign partner and the main investor of the plant is British investment fund Izurium Capital.

Mining and processing plant is going to be constructed in the Tomsk region on the basis of Tugansk sands and for British fund money.

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