Start-up and commissioning works were completed at the 220 kV Bluzhdaushiy substation with a capacity of 146 megawatts, which is required for power supply to the facilities of the beneficiation and hydrometallurgical plants currently under construction at the Udokan copper deposit.

Udokan Copper (an affiliate of the USM diversified holding, founder and major shareholder - Alisher Usmanov), the Ministry for Development of the Russian Far East and Arctic, the Government of the Trans-Baikal Region and the Far East and Arctic Development Corporation signed an agreement of intent to implement the second phase of the Udokan copper deposit development project.

“Udokan Copper”, the Ministry for the Development of the Far East and Arctic, the government of the Trans-Baikal Territory and the Far East Development Corporation signed an agreement of intent to build social infrastructure facilities in the settlement of Novaya Chara of the Kalar Municipal District, Trans-Baikal Territory of Russia.

Udokan Copper – the company that develops one of the largest copper deposits in the world, located in the Far East of Russia, and is currently building a mining and metallurgical plant (MMP) - has completed the installation of а gyratory crusher at its coarse crushing plant.

Udokan Copper has implemented advanced digital solutions for personnel adaptation, training, and internal communications, Vladislav Gromchenko, HR Director of Udokan Copper, reported at the HR forum held by the Vedomosti daily on June 17, 2021, in Moscow.  

The modernization of the pilot plant, which was put into operation back in 2006, will advance the Udokan mining and metallurgical plant to the main operational stage.

Udokan Copper has signed a EUR 4,5 mln agreement on social and economic cooperation with the Government of Trans-Baikal Territory of Russia and the Administration of Kalar Municipal District, where the Udocan copper deposit is located.

VEB.RF, Gazprombank, Sberbank, and Udokan Copper, a part of the USM diversified holding company (founder and principal shareholder – A.B. Usmanov), have signed a cooperation agreement to fund the second stage of the Udokan copper deposit development.

Udokan Copper has launched the development of its own climate program, covering direct and indirect emissions of all classifications (Scopes 1, 2 and 3), carbon intensity of production and product carbon footprint.