BAKU, Azerbaijan, Jul. 30
By Nargiz Sadikhova – Trend:
One more mine pit is to be commissioned at Ayat quarry of the Krasno-Oktyabrskoye mining unit, which is operated by Aluminium of Kazakhstan JSC, a representative of Eurasian Resources Group (ERG) – a parent company of Aluminium of Kazakhstan JSC, told Trend.
The ERG representative said that currently the work continues on a new open pit No. 4 at the Krasnogorsk mine of Krasno-Oktyabrskoye mining unit, the bauxite reserves of which are 26 million tons.
“The first part of ore has already been mined at the site, whereas the last one will be scooped up in about 20 years from now on. The work on construction of open pit No. 4 was initiated in 2018. Currently, two excavators are operating at the open pit No. 4,” the company official said.
The company noted that at the moment there are three open pits operating at the mine - No. 4, 15 and 17, each of which is actively being developed to extract bauxite.
“In the future, Krasno-Oktyabrskoye mining unit is planning to put into operation another open pit No. 10 at the Krasnogorsk mine. The preparatory work will begin starting 2024. By this time, extraction at the open pit No. 4 will be at its peak,” the official said.
ERG said that another open pit is also to be commissioned before the end of this year.
“The future open pit will also be called No. 4, however it will be, located at the Ayat quarry of the Krasno-Oktyabrskoye mining unit. The mine development is expected to last until 2031. Bauxite reserves of this pit exceed 11.5 million tons,” the company official said.
Eurasian Resources Group (ERG) is a leading diversified natural resources group with integrated mining, processing, energy, logistics, and marketing operations. The Group operates in 15 countries and is a major employer in the industry.
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