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Kolmar intends to invest 28.4 billion in coal projects in Yakutia

  • Published in Economy
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The total investment volume of Kolmar in the projects of mining and processing complexes of Inaglinsky and Denisovsky in Yakutia is estimated at 28.4 billion rubles, the press service of Development Corporation of the Far East reported.

Such volume of investments is stipulated in the agreements, which Development Corporation of the Far East signed on Tuesday with JSC GOK Inaglinsky and JSC GOK Denisovsky. The agreements provide the two companies with the status of a resident of the advanced development zone, South Yakutia (established in Neryungri district of Yakutia).

The companies are implementing projects for the construction of mining and processing facilities for the extraction of coking coal and the production of coal concentrate in the Neryungri district. The initiator of both projects is Kolmar Group of Companies, which unites enterprises forming a single cycle of coal mining, enrichment and transportation in the Far East.