KHUJAND, July 11, 2008, Asia-Plus — Open joint-stock company (OJSC) The Leninabad Rare Metal Plant (LRMP), located in the Chordukhtaron settlement, is seeking license for development of a local quartz deposit, the LRMP director general Mahmoud Kholiqov told Asia-Plus today.
According to him, if they receive the license, Austria’s Stork Handelsges m.b.H., which assumes the 100% ownership interest in the company, is ready to invest $25 million in construction of the plant for producing ferrosilicon with capacity of 20 tons per year.
“There is no such plant in the post-Soviet area,” said Kholiqov, “The plant would work on local raw materials and bring US$1 million to the national budget per month.”
According to him, the LRMP is engaged in production of vanadium alloys and ferroalloys and eight workshops of the plant now function in full capacity.
Stork Handelsges m.b.H.” was established in Linz, Austria in 1995. Since very beginning the company has been actively working as a trader in the international market. The company actively works in Russia, Ukraine and other CIS countries, exporting minerals, equipment, chemical products, metals, including rare earths and others from these countries to Europe, the USA, India, Japan and other countries.
Stork Handelsges m.b.H. works through its accredited representation in Moscow (Russia) and also with the help of its agents in New-York (USA) and Mumbai (India).
