Uzbekiston Temir Yollari implements an investment project for the integrated development of titanium-magnetite ores
28/11/2020 17:06
Uzbekiston Temir Yollari implements an investment project for the integrated development of titanium-magnetite ores
28/11/2020 17:06
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekiston Temir Yollari is implementing an investment project for the integrated development of titanium-magnetite ores based on the Tebinbulak field.
The resource reserve of the deposit, estimated according to the JORC code, is about 1 billion tons. According to preliminary calculations, it is planned to extract 27 million tons of ore per year at the deposit and receive 1.0 million tons of rolled steel and vanadium slag from it.
The mining and metallurgical complex will have an annual production capacity of 800 thousand tons of rebar, 100 thousand tons of wire, 100 thousand tons of corners, channels and other materials. The implementation of the project will contribute to the replacement of a significant volume of imports and sustainable development of the industry. The complex will provide jobs for more than 3 thousand people. It is planned to export 35 percent of the production.
To date, the implementation of this project has already passed several stages. Uzbekiston Temir Yollari together with an independent consultant represented by the Austrian company "Horst Wiesinger Consulting" GmbH, completed laboratory and pilot tests for the extraction of concentrated ore concentrate, granulation and reduction of iron using natural gas, steel production and separation of vanadium slag from steel.
Technological regulations have been developed for the entire technological process from mining to the production of steel products. These technical documents will determine the optimal technological regime, the procedure for carrying out the operations of the technological process, ensuring the output of products of the required quality, safe operating conditions of production, as well as meeting the requirements for environmental protection. Earlier, it was noted that the project provides for the use of an embedded technology, which is remarkable in that, unlike blast furnaces, it does not pollute the environment.
Despite the poor iron content in the ore, with the help of the selected technology and extraction of vanadium slag as a product with high added value, the project is economically viable with a payback period of 8 years.
The project was developed by: divisions of TÜV NORD GROUP - a large consulting and engineering company "DMT Group" (Germany), Leoben Mining University (Austria), Bochum University (Germany), research centers such as SGA (Germany), K1Met (Austria), ARP (Austria), ALS (Ireland), as well as a business consultant ILF Consulting Engineers (Germany). And also, in order to obtain the opinion of an independent expert on the technology adopted in the project, the TOMS Institute (Irkutsk, Russian Federation) carried out three-stage technological studies for the enrichment of ore samples from January to September 2020. The results once again confirmed the possibility of enriching iron ores with obtaining a concentrate with an iron content of more than 67%. The research was carried out on a representative ore sample in the amount of 2.7 tons, selected by the international company SRK Consulting (Canada).
For the further implementation of this investment project, a thorough study of all initial data, analysis of costs and benefits was carried out, allowing to assess the economic feasibility and technical feasibility of the project. Based on the results of the results obtained, the specialists developed a Banking Feasibility Study in accordance with international standards, which in turn makes it possible to work out the issue of attracting investments for the implementation of subsequent stages of the development of this project.
$ 1 | 12667.00 | +0.022% |
1 | 13481.49 | -2.022% |
₽ 1 | 135.77 | -0.506% |