Russia plans to develop its largest tungsten field

Tungsten production in Russia will increase significantly over the next few years with the development of the Tyrnyauz field, the country's largest tungsten and molybdenum reserve

A tender for the development of the field, in the Kabardino-Balkar Republic, north of the border with Georgia, will be conducted in the third quarter of this year, the Russian ministry of industry and trade said. Among the main bidders for the asset are Wolfram, one of Russia’s largest tungsten producers, and Russian industrial corporation Rostec, as well as a number of foreign companies, whose names have not been disclosed by the government. According to state assessments, the investment needed to develop the field is an estimated 20...


INS - Eugene Vorotnikov

June 01, 2017

16:01 GMT