Contacts




Large resource base
Large resource base

  • Total iron ore reserves of all 4 deposits – 3.5 bnt (open-pit mining)
  • Fe content 27%-38%



Low-cost production
Low-cost production

  • Competitive mining and processing costs
  • Cheap gas for DRI/HBI production after the construction of the Power of Siberia pipeline by 2018














Access to infrastructure
Access to infrastructure

  • Tayozhnoye deposit has railway, auto road and electricity line in 5-7 km from the deposit



Proximity to Asia
Proximity to Asia
  • Timir is located at only 400 km to Chinese border and product can be shipped by railway
  • Timir has the opportunity to use deep water port in Russian Far East and further ship to Asia














Government support
Government support
  • Timir has signed an Agreement with the government of Yakutia giving special 10-year tax regime
  • Timir had committed government funding $30mn for railway station and transition station



Prominent local partners
Prominent local partners

  • EVRAZ and ALROSA are metals and mining companies with strong project execution practice and government relations



Development flexibility
Development flexibility
  • Tayozhnoye deposit has several development options – concentrate, pellets, DRI
  • The other 3 deposits (Tayozhnoye, Desovskoye, Tarynnakhskoye) can also be developed in any structure











ООО 'Евраз'
Shareholders
Partners