Karaganda region will have an Iron Concentrate Plant.
Karaganda region will have an Iron Concentrate Plant. Balkhash Innovation Project of more than 500 million tenge is recommended into the Map of Industrial development during the session of Coordination Council chaired by the region Akim Baurzhan Abdishev.
Balkhash officials are likely to demonstrate a record breaking industrial increase this year.
Balkhash officials are likely to demonstrate a record breaking industrial increase this year.
This all proves to be reasonable: the main city employer, the copper plant is increasing production, new plants are being launched with the support from government. Furthermore, it is not only the industrial area where the changes are introduced, they should improve the living conditions for an average Balkhash citizen.
Aliya Syzdykova:
This equipment is good for making money… no, not from the air, but from waste. The Iron Concentrate Plant uses the Balkhash Factory waste piles as raw materials. What used to be waste in non-ferrous industry can make good profit in iron and steel industry. Thus, the company pays a billion tenge per year tax into the state budget. The most important is that it is an environmentally friendly production.
Pavel Nechiporenko, Director of the Plant:
The Plant is defined to be of Type 4 for industrial and biological safety. That means it does not produce any emissions to the atmosphere and environment.
Today you cannot call Balkhash a depressive region. More than half a billion tenge has been subsidized to repair roads, heating and electricity networks are planned to redesign, outdoor facilities to improve, business is provided with perfect conditions – flexible credits, interest rate decrease, and grants for private businesses.
Nurlan Aubakirov, Akim of Balkhash city
In general the program provides us with the opportunities for dynamic development. We are seting an ambitious aim this year - to increase production by 12% , which accounts for 350 billion tenge.
Nowadays one fourth of regional production is located in Balkhash. Metallurgy industry is to keep on developing - wastes received from a single preparation plant can provide decades of operation for a few factories. However, this is not the main stake the Balkhash authorities are placing. The coastal city is predicted to have a great resort future. The mono-city is going to be one of the main resorts in the nearest future.
By Aliya Syzdykova, Vassiliy Savkin, Asset Assainov, Karaganda region.
The total value of the project is 510 million tenge (at the rate of 150.74 tenge per USD ) Pavel
The total value of the project is 510 million tenge (at the rate of 150.74 tenge per USD ) Pavel Nechiporenko, the director of Iron Concentrate Company, LLP reported – where 2 million tenge accounting for the own capital of the company and 508 million tenge borrowed. The project is included into the Map of Industrial Development.
There is no similar production in Kazakhstan. Innovative approach of the project has allowed to provide advanced processing of minerals in order to receive the saleable iron concentrate what used to be considered impossible with the depleted raw materials. – stated P. Nechiporenko at the Coordination Council session in Regional Government on the State Program of Forced Industrial-Innovative Development, chaired by Karaganda region Akim Baurzhan Abdishev.
P. Nechiporenko believes that the company will receive iron concentrate with more than 58% of iron content by methods of wet magnetic separation of the Balkhash processing plant final tailings.
As he reports, the main consumers of the plant production will be Arcellor Mittal Temirtau and Kazakhmys Corporation. “Currently the project is 95% ready. The equipment is completely mounted. 65 jobs created. Our future employees are currently undergoing training in Kazakhmys Corporation in order to learn how to work with the expensive and complicated machinery” – said P.Nechiporenko.