Navoisky GMK directed $222 mln for modernization in 2014

Navoisky mining complex directed 540.5 billion soms ($222.4 mln at the rate of the Central Bank of Russia) for the realization of 27 investment projects (9-new construction and 18-updating and expansion) last year. According to the newspaper “Pravda Vostoka”, the construction of the mine Sugrali cost over 34.8 billion soms and almost 83 billion soms was invested into the investment project on the expansion of the current production of phosphate raw materials.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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