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AVISMA will buy Vietnamese raw material for production of titanium

On this week is expected to visit Vietnamese Deputy Prime Minister Hoang Trung Hai in Berezniki division of VSMPO-AVISMA. The head of the Socialist Republic arrives in Russia for talks with the leadership of the corporation on the supply of raw materials for titanium production.

Negotiations between the Russian corporation and representatives of the mining industry of Vietnam are maintained in relation to titanium mine for a long time: the international media coverage of their course back in April of last year. Then they talked about the joint (with a Vietnamese company Vinaxuki) development of titanium deposits resources in Quang Minh industrial zone (with preliminary estimated reserves of about 3 million. Tons). However, before the specific agreement between the parties have not been achieved.

Titanium deposit, which will be discussed in the negotiations, is located not far from the coastline of the South China Sea. Due to this fact, it can easily decide the question of transporting the extracted materials. The second advantage of the Vietnamese mines — the optimal conditions for the extraction of titanium (ore deposits are located in shallow waters). Among Vinaxuki, owns the asset, consider that at the first stage of development of the mine with his bowels can get at least 1 million. Valuable ore.

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