Russian metals and coal major Ural Mining Metallurgical Co. (UMMC) and Russian logistics company and container operator Ultra Group LLC (an Utramar Group company) have agreed to establish a plant for the production of ammonium sulfate (AS) at UMMC’s Sredneuralsk Copper Smelting Plant (SUMZ),Russia’s Itar Tass reported, citing a statement by the two companies on July 5.
The proposed plant will produce half a million mt of AS and will take three years for a full launch, according to the report, citing Ultramar CEO Andrei Bonch-Bruevich. Construction of the plant will be completed in two years, according to UMMC General Director Andrey Kozitsyn.
The total joint investment is put at about RUB6 billion (approximately $80.5 million at current exchange rates).
SUMZ is the largest copper smelter in the UMMC Group, with annual capacity of around 150,000 mt of blister copper, according to the company’s website.