26
March
2010
China’s Executive Authority has showed interest in Ozernoye deposit investment project
A working meeting of the Russian-Chinese business
council with the vice-chairman of the China’s State Development and
Reform Commission and the director of China’s National Energy
Administration, Mr Zhang Guobao took place in Moscow on March 23,
2010.
At the meeting, several important Russian projects of potential
interest to China were discussed. One such plan was the investment
project to develop the Ozernoye deposit and construction of Ozerny
Mining and Processing plant which was presented in detail to the
Chinese colleagues by S.N. Garichev, the deputy general director of
the MBC Corporation.
After the presentation of the Ozernoe project and discussion of
its advantages and investment appeal, the parties agreed to
continue negotiations this May in Shanghai within the framework of
the Mining and Asia Focus 2010 exhibition.
At present, MBC Corporation is getting ready for the tender on
complete deliveries of equipment for Ozernyy Mining and Processing
plant: mining technology, ore-dressing and processing plant as well
as a thermal power station. Among the companies which submitted
their applications to participate in the tender there are some
Chinese enterprises.
The Ozernoye deposit stores 157 million tonnes of ore (according
to JORC code) and is comparable to the world’s largest deposits of
zinc.
