May 24, 2007

Komi: Mining Creates New Jobs


The building of Eurasia’s largest bauxite and alumina complex will begin next month in Komi. The project is expected to create 10,000 jobs.

The building of Eurasia’s largest bauxite and alumina complex will begin next month in Komi. The project is expected to create 10,000 jobs.

Below are extracts from an article published by the Canadian Mining Journal:

RUSAL, the huge Russian producer, has announced plans to begin construction of the largest bauxite and alumina complex in Europe and Asia next month. The Komi complex, in the republic of the same name, will cost over US$1.5 billion, says the company.

The project includes the construction of a 1.4-million-t/y alumina refinery in the Komi Republic’s Sosnogorsk region, and capacity expansion at its operating Middle-Timan bauxite mine up to 6.4 million t/y from the current 2.6 million t/y. The refinery will operate using state-of-the-art Bayer technology. The proven reserves of the Eurasia Middle-Timan bauxite deposit, the largest in Russia and Eurasia, amount to 260 million t.

The Komi complex is expected to be commissioned at the end of 2009 and will create more than 10,000 new jobs.

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