The joint venture is going to develop the Verhnekamsk resources of potassium-magnesium salts with carnallite reserves of 600 million tons. The project stipulates construction of beneficiation plant of 500 thousand tons annual capacity. Total volume of investments in the project will amount to about USD 1,5 billion.
“Silvinite” (Russia) and “Oboronimpex” (Russia) created joint-venture for natural carnallite development for titanium production