Syradasay coal mine development project may receive infrastructural support

Ministry for Development of the Russian Far East considered the request for infrastructural support under the construction project of the West Taymyr industrial cluster for the production of coal concentrates from the coking coal in the Taymyr Peninsula. Severnaya Zvezda, the project investor, may qualify for an irrevocable subsidy of 20% of its investment if it contributes at least 300 million roubles into the Arctic project. The planned amount of investment to be raised for the project is 45.95 billion roubles.

The West Taymyr industrial cluster construction project is a part of the Yenisey Siberia Comprehensive Investment Project. The project is executed within the framework of the development of the Syradasay coalfield, one of the richest valuable coking coal deposits. The cluster will include an open coal pit, a deep processing coal preparation plant, a rotation camp and Yenisey sea terminal.

According to the Ministry, after that, the project will be submitted to the State Commission for Arctic Development for the final resolution on the project support.

It should be reminded that, currently, the project is being actively prepared for implementation, and all the required permissions are being collected. For instance, one week ago, the engineering survey for the Syradasay coal deposit project got the approval of Glavgosexpertiza. The work is scheduled to be completed by 2024. This large-scale project will stimulate social and economic development of the new industrial territory in the Taymyr Peninsula and the entire Arctic region of the Russian Federation.


Cover photo: Sergei Filinin