ENRC commissions second unit of Kazakhstan Electrolysis Plant

June 25. Interfax-Kazakhstan

ENRC commissions second unit of Kazakhstan Electrolysis PlantENRC has commissioned the second unit of JSC Kazakhstan Electrolysis Plant in Pavlodar (the administrative center of the Pavlodar Region).

The opening ceremony was attended by the Kazakh President Nursultan Nazarbayev.

“The venture has to build another, third unit with design capacity of 125 thousand tons. We are currently constructing a $250 million anode baking plant,” said Nazarbayev.

According to the regional akimat, the plant’s design capacity will double after the second unit has been put into operation to reach 250 thousand tons a year.

The project cost $1 billion. The Development Bank of Kazakhstan (DBK) provided $400 million.

JSC Kazakhstan Electrolysis Plant produced 84.3 thousand tons of products in January-March 2010, which is 66.5% higher compared to the same period last year.

As reported, the pilot aluminum production unit was put into operation in December 2007, its production capacity is 62,500 tons a year. The first aluminum production line was brought into service in August 2008 to produce 125,000 tons a year. In the future the Kazakhstan Electrolysis Plant intends to reach its design capacity of 250,000 tons a year and produce 150,000 tons of baked anodes a year.

ENRC was created in late 2006 as a result of reorganization of Eurasian Industrial Association and now also includes the assets of Kazchrome, Aluminum of Kazakhstan, Kazakhstan Electrolysis Plant, Zhairem Mining and Processing Integrated Works, Sokolov-Sarbai Mining and Processing Integrated Works, Eurasian Energy Corporation, Serov Ferroalloy Plant. ENRC also owns a 50% stakes in a joint venture with Bahia Minerals BV (BML), a project for exploration of iron ore in Brazil, and a 50% stake in Xinjiang Tuoli Taihang Ferroalloy Company in China (Tuoli).

http://www.interfax.kz/?lang=eng&int_id=10&news_id=3572

Share