Project Initiator Information

 

Company name

OAO Kyshtym Mining and Processing Works

3, Kaslinskoye shosse, Kyshtym,

Chelyabinsk region 456870

l.: (35151) 2-00-15

E-mail: sgok@yadex.ru

Director

Vadim Georgiyevich Kuzmin, general director 

Lines of business

Mining and processing of quartz ore, production of high-purity quartz concentrates

Brief description of the company

The enterprise produces high-purity quartz concentrates for electric-bulb and semiconductor industries. It occupies up to 80% of the Russian market; it has conducted market research and sold pilot batches to Germany, Japan, and China.

Brief description of the project

Establishment of Industrial Complex for Production of High-Purity Quartz Concentrate

Total project cost

USD 57,2 million

Required investment

USD 2,9 million

Investment purpose

Large-scale reconstruction and modernization of production on the basis of existing technology concepts, and expansion of production facilities

Implementation period

1,5 year

Initial permits and approvals

Approvals and licenses for this line of activity, license for field development, mountain project, production documentation, investment project

Development stage

The first stage of reconstruction is finished, products have been tested in laboratories of large companies such as SRAM, Philips and Heraeus, pilot batches sold to Japan and Germany produced positive results. Quartz concentrate is being distributed among Russian customers.

Expected form of cooperation

Investment credit, share in capital

Contact person

Leonid Vadimovich Kuzmin, deputy general finance director

l.: (35151) 2-00-15