"United Mining and Chemical Company" | News | Irshansk MPP is starting to develop 150 ha of new land
Irshansk MPP is starting to develop 150 ha of new land
28.01.2019The Cabinet of Ministers issued two resolutions No. 1098-r and No. 1099-r on December 27, 2018, transferring 149.99 ha of land at Mezhyrichne Deposit for development by Irshansk Mining and Processing Plant, a subsidiary of JSC United Mining and Chemical Company.
“We have been waiting for this decision for nearly two years. It is historical and gives a new lease of life to Irshansk subsidiary,” comments Oleksandr Gladushko, Acting Chairman of the Board of JSC UMCC.
The land located in Korosten and Khoroshiv counties in Zhytomyr Oblast is very important for the Irshansk subsidiary, as at the end of December, extraction of titanium-containing raw materials at open pit No. 9 was suspended due to development of reserves in anticipation of new areas. Open pit mines No. 8 and No. 7 remain in operation.
Development of new 150 ha will greatly improve subsidiary's prospects. “According to our calculations, the titanium-containing ore reserves at the new sites will allow to fully load processing factories No. 1 and No. 3 and open pit mines No. 7, No. 8 and No. 9 for the next four years. This will provide a possibility to continue mining business in Irshansk, keep jobs and retain specialists for this period,” says Viktor Sivchenko, Director of IMPP.
Irshansk specialists have calculated that the processing factories of the subsidiary will be able to receive around 0.7 mn t of natural ilmenite concentrate from development of reserves at the new sites. To make production more efficient, the company has already begun reconstruction of factories at the open pit mines No. 8 and No. 9. The cost of the reconstruction is estimated at UAH 150 million. The new processing technology and corresponding equipment have already been ordered by JSC UMCC from the leading Australian company Minerals Technologies. The company already made a pre-payment in the amount of US $213,000 for the new spiral separators. Their total cost is US $700,000.
“We are planning to start stripping works in March-April this year, after Korosten Forestry performs forest clearing. We will produce the first titanium-containing raw materials in July. We will be able to achieve full capacity for producing and processing of ore only in 2020,” tells Mykola Vasyanovych, Chief Engineer of IMPP, a subsidiary of JSC UMCC.