RUSSIAN ALUMINIUM
February 1st, 2004
BY MARK ROWERUSSIAN Aluminium has held talks with the country's state-owned rail monopoly Russian Railways (RZD) with a view to their cooperation in mining ferrous-titanium ore in Siberia. RZD has invested Roubles 8.5 billion (US$298 million) in building a rail link to the Chineiskoye field in the Chita region, just east of Lake Baikal. The deposit holds 1.5 billion tons of ore and, according to Geography, a Russian scientific journal, is expected to be able to produce 3.3 million tons of ferrous ore a year and 600,000 tons of titanium concentrate, or about 10 ...
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