6th “Arctic Projects: Present and Future” International Forum - The First Ore Mining Company presents Pavlovskoye Project

Alexander Lukin, Director General of the First Ore Mining Company (part of the management system of ARMZ Uranium Holding Co./ ROSATOM State Atomic Energy Corporation, took part in the Sixth Arctic Projects: Present and Future International Forum.

At the plenary meeting Alexander Lukin spoke on the implementation of the Pavlovskoye project related to extraction of lead and zinc on the Novaya Zemlya archipelago.

Alexander Lukin noted that it is the largest project in the ARMZ diversification portfolio and unique for the Arctic region. «We are the only in the world to extract solid minerals north of the Arctic Circle. Economic efficiency of the project is confirmed; moreover its implementation will have a positive impact on the development of the Arctic region».

Today the project is at the stage of design of the ore mining and processing works and port complex that is to be completed by the end of the year. The next stage is the Main Department of State Expertise (Glavgosexpertiza) and environmental expertise. It should be noted that the Pavlovskoye project is implemented in harsh environmental conditions where the operational season lasts 2 months only.

«This said, step by step we thoroughly perform each stage — from geological survey to engineering survey ashore and offshore in the Barents Sea», said Alexander Lukin.

The First Ore Mining Company, JSC together with its management company Atomredmetzoloto, JSC continuously work on the project improvement in the sphere of its optimization and enhancement of efficiency. «We are in continuous search of the new technical and economic solutions that are of interest for our future partners too. We take into account the opinion of the local residents, ecologists and other interested parties», emphasized the Director General of the First Ore Mining Company.

Last year the project was included in the list of the top priority projects of the Arkhangelsk region interested in receiving tax payments and employment of the local residents. The project was also supported by ROSATOM State Atomic Energy Corporation that in 2017 signed an agreement with the Government of the Arkhangelsk region concerning the creation of the transport infrastructure. At the federal level the project was included in the state program for the social and economic development of the Arctic region where the need for the state support in the creation of the port infrastructure had been emphasized.

For reference: The Arctic Project: Present and Future forum is dedicated to the economic development of the northern regions in relation to the implementation of the oil and gas and infrastructural projects in the Arctic region, intensive development of the maritime traffic using the Northern Sea Route.

The leading Russian and foreign companies, government officials, representative of scientific centers, institutes and higher educational establishments participate in the forum. The forum is organized by Sozvezdye Association of Oil and Gas Suppliers together with the Government of the Arkhangelsk region and the Northern (Arctic) Federal University.