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Development of Tin Alluvial Deposit Tirekhtyakh Stream

Description

The Project is aimed at resuming large-scale tin mining in the Arctic territories of the Republic of Sakha (Yakutia) in order to import tin and promote the socio-economic development of the Arctic regions of the Republic of Sakha (Yakutia). The Project provides for developing a tin alluvial deposit, obtaining tin-containing raw materials and its sale, or producing metal tin of the O1-pch grade (by refining tin-containing concentrate by a third company) and its sale.

Publication date: 24.04.2020 Last updated: 18.05.2021

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Development of Tin Alluvial Deposit Tirekhtyakh Stream

Industry

Добыча полезных ископаемых

Project type

New construction / launch of new production

Project budget

3,3 bln

detailed project information

Description

About the project

The Project is aimed at resuming large-scale tin mining in the Arctic territories of the Republic of Sakha (Yakutia) in order to import tin and promote the socio-economic development of the Arctic regions of the Republic of Sakha (Yakutia).

The Project provides for developing a tin alluvial deposit, obtaining tin-containing raw materials and its sale, or producing metal tin of the O1-pch grade (by refining tin-containing concentrate by a third company) and its sale.

Description of project services or products

Tin-containing concentrate, metal tin of the O1-pch grade

Contacts of the regional development institute

State Budgetary Institution Agency for Attracting Investment and Export Support of the Republic of Sakha (Yakutia), Ilya Aleksandrovich Lazarev, +7 (4112) 39-83-00 ext. 67908, info@investyakutia.com

Project company: АО «Янолово»

Investment indicators

Project budget

3,3 bln ₽

IRR

19,8%

NPV

544 mln ₽

PBP

103 months

Equity share in the project budget

7%

Government support

Cooperation with ANO Far East Investment and Export Agency and SBI Agency for Attracting Investment and Export Support of the Republic of Sakha (Yakutia).

Investments in the project

3,1 bln ₽

total investment volume