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

Project Initiator Information
Company name	OAO “Kyshtym Mining and Processing Works” 3, Kaslinskoye shosse, Kyshtym, Chelyabinsk region 456870 Теl.: (35151) 2-00-15 E-mail: [email protected]
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 “ОSRAM”, “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 Теl.: (35151) 2-00-15