The Australian company Tigers Realm Coal Limited (?IG) has signed an agreement with the Government of Chukotka Autonomous Region on the construction of transportation infrastructure in PDA “Beringovsky”.
As the press office of the Chukotka Autonomous Region Government told Construction.ru, large-scale coke/coal digging will start in the region. World-class coke/coal deposits in the Beringovsky coal-basin surpass 1bln tons. Achieving the planned capacity by 2028 will provide 10-12m tons of high-quality coal concentrate, required in the Asian Pacific countries.
PDA "Beringovsky” will become a place for attracting new residents for the extraction and processing of natural gas and oil into arctic diesel fuel and petrol. Besides this, one of the largest porphyry deposits in the world, “Peschanka”, has been discovered in Chukotka, with deposits of more than 27m tons of copper and 2,000 tons of gold. Tigers Realm Coal Limited, specializing in coke/coal digging, also owns 80% of the Amaam deposit in Chukotka.