Koklanovskoe Mining visits Asian Metal

On the afternoon of 24th,November,2015, Anastasia Kiseleva and Dongmei Fan from Koklanovskoe Mining Ltd. visited Maggie Lee, tungsten and molybdenum market analyst of Asian Metal. They talked about the Russian tungsten and molybdenum ore projects and current market.

According to Anastasia, the tungsten-molybdenum ore was found in 1985 and registered in the Russian National Reserve in April,2015. The project is located in Kurgan Oblast with a total reserve of 251,770,400 tons. The purity of molybdenum is around 0.059% while tungsten is around 0.054%. The two sides discussed about the investment and market for tungsten-molybdenum products. Anastasia noted that the company would like to find a new partner in China and develop the project together.

Koklanovskoe Mining Ltd. was set up on 23th, August,2010 and it was a new mining company in Russia. It obtained the production license in Kurgan. The company will focus on production of tungsten and molybdenum products in the future.