The funds will enable the Company to invest in the refurbishment of existing equipment as well as the purchase of new machinery, as the depreciation of the Yaroslavsk GRK’s major equipment fleet is over 70%. These funds will also be spent on carrying out stripping operations to guarantee the stable operation of the Yaroslavsk GRK for future years.
Yaroslavsk GRK produces between 9,500 and 10,000 tonnes of fluorspar concentrate monthly, covering over 60% of the Company’s needs for this raw material. The concentrate is supplied to the Company’s smelters as part of RUSAL’s strategy for resource security. In 2012, monthly production is expected to increase to 11,000 tonnes. In addition, Yaroslavsk GRK manufactures and sells about 900 tonnes of zinc concentrate to third-party customers every mon
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