Russian non-ferrous metal processing plant seeks access to Tajik market

DUSHANBE, December 11, 2012, Asia-Plus — Joint Stock Company (JSC) Yekaterinburg Non-Ferrous Metal Processing Plant has sent a bid for cooperation to the National Bank of Tajikistan (NBT). A source at Tajik central bank says the Russian company offers cooperation on gold refining and production of gold and silver coins.   “Our bank has taken an […]

Zarina Ergasheva

DUSHANBE, December 11, 2012, Asia-Plus — Joint Stock Company (JSC) Yekaterinburg Non-Ferrous Metal Processing Plant has sent a bid for cooperation to the National Bank of Tajikistan (NBT).

A source at Tajik central bank says the Russian company offers cooperation on gold refining and production of gold and silver coins.   “Our bank has taken an interest in their proposal and if their conditions are acceptable, we will cooperate with them,” the source said.

According to him, Tajik central bank today cooperates with several foreign companies in this direction “and the Tajik side is quite satisfied with this cooperation.”   

“A large precious metal refinery is expected to be built in Tajikistan next year and we plan to work with that plant as well,” the source added.

Meanwhile, the Yekaterinburg non-ferrous metal processing plant sent a bid for cooperation not only to NBT; it also made such an offer to the Ministry of Finance and private companies in Tajikistan during a visit of the plant’s top managers to Tajikistan in late November.

Established in 1916, JSC Yekaterinburg Non-Ferrous Metal Processing Plant is part of RENOVA Group.  The plant now renders full range of precious metals refining and processing services, and manufactures products of industrial usage made of gold, silver and platinum-group metals.  The plant today is one of the leading companies in the sphere of production and refinement of precious metals.  Among its long-term customers are 1200 enterprises in Russia and abroad.

The plant’s main products mow include standard and measured bullions of gold, silver, platinum and palladium; gold, silver, platinum and palladium anode elements; chemical compounds, powders and blacks of noble metals; catalyst gauzes; silver targets; crucibles of industrial usage; labware made of precious metals; glass melters and spinneret feeders; rolled products; wire, including thermocouple wire; solder alloys; and  dentistry materials.

In Tajikistan, the Sughd-based state unitary enterprise, Vostokredmet (Eastern Combine for Rare Metals), is engaged in refining precious metals and producing 100- and 200-gram gold bars.

Besides, Tajik-Chinese joint gold mining company, Zeravshan (ZGC), is expected to introduce a precious metal refinery into operation at the beginning of next year.  

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