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24.11.2011

Belgorkhimprom in talks with GMC Global Energy plc on Slavkali design

MINSK, 24 November (BelTA) – The Belarusian research institute Belgorkhimprom is negotiating with GMC Global Energy plc (Great Britain and Northern Ireland) a contract on designing a new potash plant in Belarus, Belgorkhimprom Director General Sergei Shemet told BelTA.

In his words, a part of the Starobin potassium-salt basin has been transferred for development to GMC Global Energy plc. Slavkali has been registered at the Minsk City Hall as a foreign limited company, GMC Global Energy plc subsidiary.

BelTA has earlier informed that the investment in the construction of a potash factory Slavkali in Belarus might total $1.75 billion, including $50 million on design documents. At first Slavkali is expected to extract 1.1 million tonnes of potassium per annum. The company will sell its products via the Belarusian Potash Company. The new plant, according to the investment project, is set to be commissioned by 2017.

Belgorkhimprom was incorporated as an open joint-stock company in 1996. The institute specializes in R&D, startup, commissioning, and servicing in the area of extraction and processing of potash ores and other mineral resources. The institute also offers mechanization of auxiliary processes and manual labor, development of automated systems and control systems for mining and technological processes, creation of wear-resistant and protective layers for mining and ore-dressing equipment. It takes care of occupational safety in quarries and mines, environmental protection. The institute comprises 14 research labs, eleven design offices and industry R&D centers specializing in energy saving, diagnostics, and industrial safety. The company employs over 900 people.