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The project "Beringovsky" of the Chukotka Autonomous Okrug will take part in the contest of investment projects

The Government of the Chukotka Autonomous Okrug was sent an application for participation in the Ministry of Development of the Far East.

According to Roman Kopin, the governor of Chukotka, this became possible due to the high degree of readiness of the investment project "Beringovsky".

The project is aimed not only at the development of the largest coal deposits of the Upper Alkatvaam and Amaam areas of the Bering coal basin, but also for the processing of extracted raw materials and the supply of ready concentrate mainly to the countries of the Asia-Pacific region. The governor noted the significant volumes of the expected production (the total reserves of the Bering coal basin are estimated at more than 1 billion tons), the high quality of the raw materials produced at the outlet, and the favorable location of deposits in the coastal zone, which will reduce the time and money for transportation costs.

From 2012 to the present day, the Australian company Tigers Realm Coal Limited has been developing the fields in the Bering Basin.

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