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Forecasted work results for 2014 and production plan for 2015 considered at JSC Khiagda
A meeting, under the chairmanship of Victor Svyatetskiy, First Deputy Director General – Executive Director of ARMZ Uranium Holding Co., was held on the enterprise’s central industrial site.
“In 2014, JSC Khiagda is planning to mine 442 tons of uranium, which is comparable with the 2013 results. Overall, 434 production wells are under operation. Starting from 2015, a graduate production growth is expected. In the Khiagdinskoye and Istochnoye fields, 241 production wells will be drilled. Next year, end-product production volumes are expected to amount to 508 tons; by 2018, design capacity of 1,000 tons of uranium per annum is planned to be achieved,” reported Alexey Dementiev, JSC Khiagda Director General.
In 2014, construction of the main production facility, warehouses, an energy facility, a fire station and a pumping plant was completed. ARMZ Uranium Holding Co. invested more than RUR 10 bln in building the facilities and purchasing equipment. Commissioning of the new complex means a consistent expansion of metal output volumes.
“A primary objective for the next year, along with an increase in production volumes, is further reduction of end-product production costs. Completion of construction and installation works at the sulfuric acid workshop will contribute to attaining this end. Equipment start-up and commissioning must be completed by summer 2015,” highlighted Victor Svyatetskiy.
Design capacity of the workshop’s first phase is up to 110,000 tons of acid per year, which will make it possible to fully satisfy production needs. Launch of the in-house workshop will also enable the enterprise to reduce specific haulage volume by a factor of three. Technical sulfur in bulk stock will be used as the main raw material for sulfuric acid production. Its transportation is more environmentally sound and safe.