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Udokan Copper’s shareholders will invest more than EUR 4,5 mln into social and economic development of Trans-Baikal Territory in 2021
Udokan Copper’s shareholders will invest more than EUR 4,5 mln into social and economic development of Trans-Baikal Territory in 2021

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 in syndicate with partner banks ready to manage funding of the second stage of Udokan deposit development
VEB.RF in syndicate with partner banks ready to manage funding of the second stage of Udokan deposit development

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 launches development of climate program
Udokan Copper launches development of climate program

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.

 Yuri Trutnev inspects construction sites at the Udokan plant
Yuri Trutnev inspects construction sites at the Udokan plant

Russia’s Deputy Prime Minister, Presidential Plenipotentiary Envoy to the Far Eastern Federal District Yuri Trutnev, with Minister for the Development of the Russian Far East and the Arctic Aleksei Chekunkov, Trans-Baikal Territory Governor Alexander Osipov, and Udokan Copper Board Chairman Valery Kazikaev in tow, has inspected the construction sites of the Udokan Mining and Metallurgical Plant, one of the largest and most ambitious projects in the Far East.

Udokan Copper completes installation of ore grinding equipment
Udokan Copper completes installation of ore grinding equipment

The sixth ore-grinding mill made by the Finnish company Outotec, a leader in sustainable minerals and metals processing and recycling technologies, has been installed in the grinding department building at the construction site of the Udokan Mining and Metallurgical Plant.

Installation of process equipment for the production of copper concentrate started at Udokan
Installation of process equipment for the production of copper concentrate started at Udokan

Udokan Copper LLC has started the installation of equipment at the construction site of the thickening and decantation area.

  Construction of the conveyor for ore transporting started at Udokan
Construction of the conveyor for ore transporting started at Udokan

Udokan Copper has started the installation of belt conveyors with a total length of over 2.8 kilometers, from the coarse crushing building to the process plant, where ore is processed deeply.

 EW Building Construction Started at Udokan
EW Building Construction Started at Udokan

Udokan Copper has started the installation of vertical metal structures - columns at the future electro winning area.

Udokan Copper started construction of a railroad base at BAM  for transportation of sales products
Udokan Copper started construction of a railroad base at BAM for transportation of sales products

Udokan Copper initiated a package of preparation works at the transportation & storage facility construction site near Novaya Chara railway station of the Baikal-Amur Mainline.