Translartion. Region: Russians Fedetion –
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
The active construction stage of the Baimsky Mining and Processing Plant (Baimsky GOK) has started in the Chukotka Autonomous Okrug. This is the first mining and processing plant in Russia to use unmanned technologies and the Internet of Things in copper ore mining. Deputy Prime Minister – Chief of the Government Staff Dmitry Grigorenko and Deputy Prime Minister – Presidential Plenipotentiary Representative in the Far Eastern Federal District Yuri Trutnev got acquainted with the progress of construction of the Baimsky GOK during a working visit to industrial development sites in the Far East.
The plant is being built on the territory of the Baimskaya ore zone, which has not been developed for decades due to difficult climatic conditions, lack of infrastructure and technology. Financial support for the project is provided by the state corporation VEB.RF and a syndicate of commercial banks within the framework of the Project Financing Factory. The total investment volume will exceed 1.1 trillion rubles.
“The Baimsky Mining and Processing Plant is a complex and extremely capital-intensive project. Its implementation is complicated by objective factors: a complete lack of infrastructure, a polar climate and significant distance from industrial centers. In this regard, the systemic participation of the state is becoming a mandatory condition for the implementation of the project. VEB.RF plays a key role in its financing. This is an example of how business and the state jointly solve strategic problems and achieve results even where it previously seemed impossible,” said Dmitry Grigorenko.
Advanced technologies are used in the construction of the Baimsky GOK. In particular, unmanned quarry dump trucks and drilling machines will operate under the control of an intelligent system. The system analyzes the workspace in real time, transmits data to the central control center, where special artificial intelligence algorithms optimize production processes and equipment routes. For the first time in the copper industry, direct flotation technology will be used, which allows for more efficient processing of ore, reducing waste and resource consumption. This approach ensures high efficiency, industrial safety and environmental friendliness.
Dmitry Grigorenko emphasized that the Baimsky project is not limited to the construction of a separate facility, but envisages the creation from scratch of all the necessary infrastructure for the operation of the plant – from highways, a port and an energy complex to a residential area.
The construction of key internal infrastructure facilities has been completed: a runway, a fuel storage facility, a 110 kV power transmission line with a substation, internal roads, the first stage of a shift camp for 1.2 thousand people, and a transport center in Bilibin. The construction of external infrastructure facilities continues: the Chaun port, as well as a road and power transmission line more than 400 km long to the field.
“Baimsky GOK is a unique project in terms of scale and effects. It is the largest project implemented with the participation of VEB.RF and commercial banks within the framework of the Project Finance Factory. State support mechanisms, as well as the competencies of VEB.RF and partner banks, made it possible to increase the availability of credit resources, extend the loan terms and distribute risks among the project participants,” said Igor Shuvalov, Chairman of VEB.RF.
Industrial operation of the Baimsky Mining and Processing Plant will begin in 2029. The design capacity of the plant is about 70 million tons of copper ore per year.
The development of the Baimskaya ore zone was launched in 2018 at the Eastern Economic Forum by Russian President Vladimir Putin. In 2021, the Government approved a roadmap for the project, providing comprehensive support at the federal level.
The project is included in the Strategy for the Socioeconomic Development of the Far East and the Baikal Region until 2025 and the Strategy for the Socioeconomic Development of the Chukotka Autonomous Okrug until 2030.
Support at the regional level includes tax breaks and simplified administrative procedures within the framework of the preferential regime of the Chukotka priority development area.
“We have moved from the design stage to active construction. The investment volume will exceed 1.1 trillion rubles, of which more than 260 billion have already been spent. It is important for us that the federal institutions and authorities providing support see the high pace of our work in the harsh conditions of the Far North. The support of VEB.RF, in particular, is not just financing, but trust in our strategy, the professionalism of the team and the long-term potential of the project,” emphasized Georgy Fotin, General Director of Baimskaya Management Company LLC.
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