Rus News Journal

The transbaikalian edge gives out the credit on uranodobychu

the Government of Transbaikalian edge plans to give Open Society the Priargunsky industrial is mountain - chemical association (PPGHO, the Transbaikalian edge), to the largest Russian uranodobyvajushchemu to the enterprise, the credit at a rate of 70 million rbl. and tax privileges, was informed by the vice-president of the government of edge Evgenie Vishnjakov. It is supposed to allocate the credit for a period of two years, to a conclusion to designed capacity of mine 8. PPGHO intend to finish its building in the second half of the year 2012. Its designed capacity makes 370 thousand t ores in a year. Privileges will concern payments of taxes to property and transport. They will operate within eight years, to a conclusion to designed capacity of mine 6. By calculations of the authorities, as a result of introduction for the enterprise of tax privileges the regional budget will receive less in total 92 million rbl. End of building of mine by 6 designed capacity of 1 million t ores in a year is supposed in 2017. As it was informed earlier, PPGHO in 2011 has lowered uranium extraction almost on 18 % in comparison with 2010 - to 2,3 thousand t. Extraction decrease is caused by reduction of quantity of uranium in ore. According to the report for the first quarter 2012, in January - March at PPGHO insufficiency of own circulating assets at a rate of 1,752 mlrd rbl. in connection with increase in a share of non-current assets regarding the given out advance payments on building and acquisition of the basic means and other non-current assets was observed. PPGHO enters into holding Atomredmetzoloto state companies Rosatom also develops deposits of the Streltsovsky ore field in Transbaikalia. For January, 1st, 2011 stocks PPGHO were estimated in 115,379 thousand t uranium.