Agreements on Cooperation and Collaboration in the Development of the Kurgan Region Industrial Potential Signed by and between the Government of the Region, ARMZ Uranium Holding Co. and Dalur

Alexei Kokorin, Governor of the Kurgan Region, and Alexander Burutin, Chairman of the Board of Directors of Dalur JSC, signed an agreement on cooperation between the Government of the region and the mining division of Rosatom State Corporation. It provides collaboration in creating an industrial park in Dalmatovo.

Alexander Burutin commented as follows, “As a part of the project implementation for creating an industrial park, Dalur JSC positions itself as the anchor resident. At present, our company is the customer and the consumer of a wide range of equipment, materials and services for more than twenty industrial enterprises of the Kurgan Region. The industrial park will also welcome a number of joint projects”.

Alexander Burutin spoke at the forum with the report “Creation of Favourable Conditions for Socio-economic Development of Russian Towns” where he described in detail the experience of preparing for the creation of the Territory of Advancing Socio-economic Development in Krasnokamensk, Trans-Baikal Territory, where Priargunsky Industrial Mining and Chemical Union PJSC, Russia’s largest uranium mining company, is the anchor resident. Alexander Burutin summed up, “Currently, the implementation of about 20 large-scale projects of foreign investors, subsidiaries and joint ventures of ARMZ Uranium Holding is under development in Krasnokamensk. I believe that well-coordinated teamwork can lead to positive results in the Kurgan Region”.

One of the important steps for the development of Dalmatovo engineering infrastructure facilities needed for the implementation of investment projects is to attract co-funding of the Foundation for the Development of Single-Industry Towns. The decision on such a possibility has been adopted by the task group on modernization of single-industry towns under the Government Commission for Economic Development and Integration.

The Governor of the Kurgan region stressed, “At the moment, we have three main areas of work in the field of increasing the investment attractiveness of the region: search for domestic and foreign investors, as well as training of experts in this field. It is very difficult to solve these issues without consolidated joint efforts. We shall reach out to all those interested in the investment attractiveness”.

During the forum, Dalur JSC and the regional Department of Industry, Transport, Communications and Energy also signed an agreement on cooperation in the development of uranium mining in the Kurgan region. The agreement particularly involves the expansion of the Dalur JSC resource base due to the development of the Khokhlovskoye deposit in Shumikhinsky District and Dobrovolnoye deposit in Zverinogolovsky District, as well as the inclusion of facilities of these deposits in a consolidated list of investment areas of the Kurgan region. The agreement was signed by Alexander Konstantinov, Deputy Governor of the region, and Nikolai Poponin, CEO of Dalur JSC.

When commenting on the agreement, the parties noted that the enterprise undertakes to create new jobs with competitive wages, to develop the production capacity and social infrastructure of the areas of operations and to provide environmental measures. Within its authority and in compliance with the law, the Department of Industry, Transport, Communications and Energy, in particular, will assist in obtaining by Dalur JSC of the right to use the land within the boundaries of the uranium deposits.

After the Forum, Nikolai Poponin, CEO of Dalur JSC, was conferred the merit badge of the Governor of the Kurgan region “For a Good Cause”. The Head of the region noted, “This award means recognition of the company’s contribution to the development of social infrastructure in the area of operation. The main project implemented with the financial support of Dalur JSC is the construction of a new school in the village Uksyanskoe”.