Tajik-Chinese gold project launch delayed to mid-2022
A Chinese-Tajik antimony and gold mining joint venture has postponed its start-up until mid-2022 because of the covid-19 pandemic and now plans to begin commercial production by next October, Tajik state metals firm TALCO said this week.
TALCO Gold, jointly owned by TALCO and China’s Tibet Huayu Mining Co, planned to start producing antimony, a metal used in batteries and fire retardants, from the Konchoch deposits in western Tajikistan in March 2020.
But the Central Asian nation and China then closed the bilateral border due to the pandemic, preventing the movement of equipment and workforce needed to complete the project.
Company chief executive Li Feng told reporters it expected to have all the equipment in place by the end of this year and spend the next few months testing it.
The venture plans to produce up to 21,000 tonnes of antimony and 2.5 tonnes of gold per year.
(By Nazarali Pirnazarov and Olzhas Auyezov; Editing by Emelia Sithole-Matarise)
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Comments
siriusLang
Greetings: about the article named , can Mining gives more detailes about the progress or the schedule about this project? like when does the border been closed ? as i know, the original plan for this project is to get ready by end of this year and fully operate by march 2022. also there is no official announcement for this delay from TALCO Gold, can Mining provide more convincing conclusions？
thanks