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Cement from the Celestial Empire
back to contentsThe second advantage of the South East Agglomeration is the vast resource potential. The third plus is the well-developed infrastructure. The ROSATOM uranium mining arm’s company, the Priargunsky Industrial Mining and Chemical Union (PIMCU), which is the flagship of the Russian uranium mining industry, is expected to be of key importance. It is the facility that is to play one of the key parts in the project.
International colleagues also want to join the project. The Chinese firms China Triumph International Engineering Co., Ltd. and Sinopec Corp. seek to build a cement works of 1,000 tons per day capacity, which will become part of the mining and metallurgical cluster in future. The works will receive feedstock from Ust-Borzinskoye Limestone Deposit and Urtuiskiy Coal Quarry owned by PIMCU.
During its working visit to Krasnokamensk, which hosts PIMCU, an official Chinese delegation had a look at the deposits and infrastructure, and selected the site for construction of the works. The meeting resulted in a project implementation schedule.
Ma Mingliang, the head of delegation, General Manager of Beijing Triumph International Engineering Co., Ltd.» and Vice President of the China Building Materials Academy, expressed his satisfaction with the work outcomes, saying: “The main thing is that there is good quality limestone and own cheap coal. There are also pyrites cinder and other potential dopes for cement production. The availability of infrastructure, including cheap electricity, will minimize investment costs. My projection is that the cash cost of Krasnokamensk cement will be 40-50% less than even the cement produced at our enterprises in China.”
PIMCU Director General Sergey Shurygin noted that the project was very important also for development of Krasnokamensk. He said: “It is not only creation of new jobs but also supplies of the required volume of cheap cement to PIMCU and enterprises of the future mining and metallurgical cluster.”
China Triumph International Engineering Co., Ltd. is the world’s second in the rating of companies in the integrated production of building materials. In 2013 the company’s gross profit amounted to US$ 43 billion. Sinopec Corp. is China’s largest power generation and chemical industry company. In particular, the consortium owns 400 cement works in different countries across the world, which produce 400 million tons of products a year.