Cheremoukhovskaya-Gloubokaya becomes Russia’s deepest mine, with a depth of 1,550 metres, and ranks among the top five deepest mines in the world. Total investment in the mine to date is more than 5.8 billion rubles.

The launch of Cheremoukhovskaya-Gloubokaya will create access to new bauxite deposits and thanks to the optimisation of technological processes of ore transportation and extraction will decrease bauxite cash costs at SUBR by up to 15%. Active construction of the mine commenced in 2010. Uncovered deposits of bauxite at Cheremoukhovskaya-Gloubokaya are estimated at 42 million tonnes.

“For the first time in 10 years a new mine has opened in the North Urals. We plan to produce up to 1.2 million tonnes of bauxite annually at Cheremoukhovskaya-Gloubokaya. The mine’s high production potential will ensure the stable development of Severouralsk and nearby Krasnoturyinsk, where the Bogoslovsky aluminium smelter is located and to where 95% of the bauxite mined is shipped,” commented Vladislav Soloviev, CEO of Rusal.

Construction and development of Cheremoukhovskaya-Gloubokaya mine will ensure stable operations at SUBR in the long-term and will expand the mine’s lifespan by at least 40 years.