Construction of Denisovskaya mines (№1, №2) and a coal benefication plant
Location
- Neryunrginsky region, Sakha Republic (Yakutia)
Project initiator
Project characteristics
- Coal production and selling.
- Construction of Denisovskaya and Denisovskaya-2 mines;
- Denisovskaya benefication plant.
- Denisovskaya mine with capacity up to 2.5 m tons.
Volume of investment
- RUR 6500 m (in 2010 prices) ($229 m).
Infrastructure available
- Railway and motorway,
- airport in the town of Neryungri.
- The deposit is located 20 km north-east of the town of Neryungri.
- Electric power is supplied by Neryungri hydropower station;
- 110 kV high-voltage transmission line runs through the eastern part of the site.
Infrastructure required
- Not required
Cost of project
- Current investments into construction – RUR 4500 m.
Implementation period
- No information
IRR
- No information
NPV
- No information
Payback period
- About 20 years, with the project to be complete in 2031.
Markets
- Selling beyond the republic (Russian regions, Asian Pacific countries)
Investor’s involvement
- In the form of bank crediting or participation in shareholder capital (USD 216,67 m)
Project detailedness
- Denisovskaya-1 mine has been put into commercial operation with annual production volume at 0.5 m t, the second stage’s design is completing.
- The construction site for the benefication plant is ready.
CEO of an organization implementing the project
- Igor Ivanovich LUTSKOV, General Director, OOO Kolmar



