Hashtag
.


The use of advanced technologies will reduce the specific consumption of electricity by 25% and lower dust emissions by 90% while also reducing the operating costs involved in pumping tailings and returning water to the production process.

"What defines leadership in the mining and metals industry today is using not only advanced production technologies but also environmentally friendly technologies", said Metalloinvest CEO Nazim Efendiyev. "The construction of a new tailings storage facility signals a qualitative transition to a new level of environmental safety at LGOK."

All environmental requirements are being taken into account in the implementation of the project. Public hearings were held, and the project received positive reviews from the State Agency for Environmental Impact Assessment and the Main State Expert Review Board.

Plans for 2023 include the reconstruction of the thickening and circulating water supply system, site preparation for the tailings dam bed and the construction of bund walls, and preparation of the foundations for the main slurry pipelines. The construction of substations and a building for the preparation of reagents for water purification will also get under way.

The first start-up complex for the tailings dam is expected to begin operating in 2026. The project is expected to be fully operational by the end of 2028.

The new site will receive up to 20 million cubic metres of tailings annually.

Upon commissioning of the new tailings storage facility, the existing site will undergo reclamation.

Advanced technologies will be used to achieve a radical reduction in environmental impact. Anti-filtration screens will be installed at the bottom of the storage facility and the base of the dams to prevent the ingress of process water into the aquifers. Instruments will be used to monitor the condition of hydraulic structures. Protective dams up to 30 metres high will be built, with subsequent levels 5 metres high to be added later.

As part of the project, clarified water will be returned to the processing plant to be used in the production process.

The reconstruction of the thickening unit and the optimisation of the water-slurry system will enable a reduction in the specific consumption of electricity. Starting from 2026, the reconstruction of eight 50-metre and three 100-metre thickeners will reduce the operating costs involved in pumping tailings and returning water.

Hashtag: #Metalloinvest

The issuer is solely responsible for the content of this announcement.

About Metalloinvest

Metalloinvest is a leading metals and mining company, a world leader in proven iron ore reserves on a JORC-equivalent basis (15.4 billion tonnes). The company is the world's largest producer and supplier of merchant hot briquetted iron (HBI) products, a low-carbon raw material used to produce green steel; Metalloinvest holds a leading position in the production of pellets, iron ore concentrate and high-quality steel.

Ticker (Bloomberg): METIN RU; official website:

How to Choose the Right Dining Table and Chairs

Choosing the right dining table and chairs requires careful consideration and proper planning. The best dining set works for you...

How to Turn Your Move into a Melbourne Adventure

Moving can be a daunting task—packing up your life and transporting it to a new location is stressful for everyone. But what if ...

How to Maintain Your Oral Health During Stressful Times

Life can be a bit like an Australian outback road—full of twists, turns, and the occasional bump. During these hectic, stressful...

How to Protect Sandstone from Harsh Weather Conditions

Sandstone is a beautiful, natural material often used in outdoor spaces to create a timeless and rustic aesthetic. Whether it’s ...

Mandurah Home Builders: Luxury Two-Storey Home Builders

Specialist Mandurah home builders of two story homes present some great opportunities for new home builders, particularly anyone s...

Common End of Lease Deductions and How to Avoid Them

Moving out of a rental property can be both exciting and stressful, especially when it comes to the end of lease process. One of...

IN THE NEWS

Logo Design Ethics: A Concern for Melbourne Businesses

Design ethics is a serious subject which can't be brushed aside. Crafting a brand identity is one of m.

The Role of Mortgage Brokers in Shaping the Australian Housing Market

In the dynamic landscape of the Australian housing market, mortgage brokers have carved out a niche f.

Can You Transfer Wall Stickers When Moving And How?

   Everyone knows moving home is the most stressful thing one can go through in life. But the good new.

WRISE Prestige Reaffirms Commitment to Hong Kong

Newly appointed CEO Henry Shin strengthens leadership team and expands wealth management offerings tailor.

1 in 2 believe that more needs to be done to boost mental health in Singapore: AIA Live Better Stud…

Singaporeans identify mental health as an important facet of holistic wellness and the lack of resources .

Everything You Need to Start a Business in Australia

Starting a business can be an exciting, albeit stressful, time. There are so many things to consider, i.

Health & Wellness

How to Maintain Your Oral Health During Stressful Times

Hashtag.net.au - avatar Hashtag.net.au

Life can be a bit like an Australian outback road—full of twists, turns, and the occasional bump. During these hectic, stressful times, it’s all too easy to let your oral health fall by the wayside...

The impact of visual art on mental health and productivity

Hashtag.net.au - avatar Hashtag.net.au

In a world where stress and anxiety often take center stage, the presence of visual art in our daily environments offers a quiet yet profound counterbalance. Posters and paintings are not just decor...

Understanding the Environmental and Health Impacts of Waste Disposal: Essential Insights

Hashtag.net.au - avatar Hashtag.net.au

🌎♻️Explore the health & environmental impacts of waste disposal. Dive into essential insights💡for a sustainable future! #WasteManagement #Health🌿🌍 Waste disposal is an inevitable aspect of mode...