GeoProMining Group commissioned the Company of “Mekhanobr” to prepare technical-economic substantiation of production reconstruction project for Agarak Copper-Molybdenum Factory. By the end of November the project of Agarak reconstruction will be ready, GeoProMining Group companies press service told NEWS.am.

The plant needs modernization in order to increase processing capacities and raise extraction percents. The basis for Company’s activities is the complex approach to designing of new plants and modernization of the existing ones, which includes development of effective technologies, use of modern project-design solutions and use of technological equipments of high technical-economic indicators.

“Mekhanobr Engineering” Company was established on the basis of designing and scientific parts of “Mekhanobr” Institute, and has 88 years of experience, which includes development of technologies and designing works for 250 mining companies as in the territory of the Russian Federation, as well as in CIS and other countries (Algeria, Angola, Bulgaria, India, China, Congo, Mongolia, and Myanmar).

Let’s remind, that at the RA Government session, which was held at Syunik Marz on June 26 it was decided to grant “Agarak Copper-Molybdenum Combine” a budget credit of 14 million USD for four years.

Monthly Agarak Copper-Molybdenum Combine produces 2,5000 copper concentrate with 26% copper content, and 40 tons of molybdenum with 51% molybdenum content.