German industrial engineering firm thyssenkrupp and Russian industrial construction firm Enter Engineering plan to partner on a construction project for a High Pressure Grinding Roll (HPGR) plant at the Tebinbulak iron ore deposit in Uzbekistan.
Thyssenkrupp and Enter Engineering have signed an Agreement of Intent worth €50 million (US$58.5 million) on building an integrated mining metallurgical complex at Tebinbulak. The HPGR plant will be used to help process up to 60 million tons of iron ore per year, said the companies.
The Tebinbulak deposit is located in the Karauzyak district of Karakalpakstan, in the north-west part of Uzbekistan. The proven reserves of the deposit are 450 million tons of ore and total reserves are estimated at more than three billion tons.
Bakhtiyor Fazylov, Chairman of the Board of Directors of Enter Engineering, said:
"We are delighted to partner with a leading global company such as thyssenkrupp. Applying German standards, we will create a high-quality raw material base for the domestic metallurgical industry. This project also embodies all the goals Enter Engineering strives for: protecting Uzbekistan's national interests in the international market, supporting the interests of domestic consumers, and creating jobs."
The implementation period for Enter Engineering's construction role is two years with the plant launch anticipated for September 2023.
Reza Poorvash, CEO thyssenkrupp Mining Technologies Europe and Asia, said:
"To date, more than 140 units of HPGR equipment have been sold in the mining industry. In the CIS countries, thyssenkrupp takes a leading position among mining companies that use this technology, in practice confirming the high quality and reliability of the German brand."