BAKU, Azerbaijan, Sept. 27

By Fakhri Vakilov – Trend:

Uzbekistan’s Enter Engineering, the largest EPC contractor in Central Asia and Russia, and Thyssenkrupp AG, the leading German industrial engineering concern, signed an Agreement of Intent, Trend reports citing Thyssenkrupp.

The agreement, worth 50 million euros, relates to Enter Engineering’s exclusive role as construction partner in building an integrated mining metallurgical complex on the Tebinbulak iron ore deposit in Uzbekistan.

The two parties also signed an agreement for the start of preparatory work on the project, including a contract for the supply of high-tech equipment, its design, supervision during installation and commissioning at the facility. The innovative High Pressure Grinding Roll (HPGR) technology will be used to help process up to 60 million tons of iron ore per year, whilst reducing energy consumption.

The implementation period for Enter Engineering’s construction role is two years with the plant launch anticipated for September 2023.

The project will use one of the most energy efficient and innovative technologies to significantly reduce energy consumption.

The complex is significant for Uzbekistan because of its multiplier effect. As well as creating new jobs in remote areas, it will help develop domestic iron ore to provide the country’s existing metallurgical complexes with raw materials. Moreover, it will also support development of infrastructure, creation of service enterprises and increasing in trade between countries.

Tebinbulak deposit is located in the Karauzyak district of Karakalpakstan, in the north-west part of Uzbekistan. The field covers 5.2 sq. km and predicted life cycle is 27 years.