RUSSIA PLANS TO RESUME DEVELOPMENT OF COUNTRY’S LARGEST TUNGSTEN FIELD NEXT YEAR

The volume of tungsten production in Russia will be significantly increased during the next several years, due the planned development of the Tyrnyauz field, Russia’s largest tungsten and molybdenum reserve, which is located in the Kabardino-Balkar Republic of the country, north of the border with Georgia. According to a recent report issued by the press service of the Russian ministry of industry and trade, an auction for the development of the field will be conducted in Q3 of the current year. Among the main bidders for the asset are such companies as ...


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