Resumen de Siberian mineral sands mine delayed
Industrial Minerals
According to Gurdin, implementation of the first stage of the project began in 2018, but securing the necessary funding to take forward the plans for the site has proved to be difficult. According to Tugansk Ore Mining & Processing’s website, the mine’s initial production target is 2.3 million tpy of ilmenite feedstock, ramping up to 6.9 million tpy over the years that follow. Neither Rostec nor Izurium Capital could be reached for comment at the time of publication, and some local media reports have cast doubt over Izurium’s participation in the project, given that there has been no evidence of the company conducting any financial activities in the past year and its website has been taken down. *Conversions made August 2019 CREDIT:
