Cement plant in Belarus to be constructed by Iranians

Irani company Azarab won tender for exploitation of Padkamenne (the Homel region) chalk deposits in Belarus and a cement plant construction.

Prime-TASS reports it referring to a source close to the Belarusian government. The foreign investor accepted the requirement of the Belarusian side on creation a cement plant with a productive capacity of 1.8 ton per year on the base of the deposit. Initially Azarab offered to construct an enterprise with a productive capacity of 1.2 ton per year.

Padkamenne is not suitable for industrial exploitation. In this connection the investor will carry out a supplementary exploration at their own expense, for what purpose an agreement on geological exploration was signed with the Irani party. After the exploration Azarab will prepare documentation for exploitation, which will determine new production capacity and volume of necessary investments.

The investor is to fulfil a number of additional conditions, in particular – explore and exploit loam soil, construct a cement plant using dry process cement production and built infrastructure objects.

An additional condition is complex field development, what supposes building a plant on building materials, lime, foam mortar building blocks, building dry mixes.

On preliminary estimation, Irani investor needs to put from euro 350 million to 550 million into the project. Moreover, Azarab must participate in realisation of local administration social projects.

Experts estimate Padlkamenne chalk C2 deposit of 508 million tons. The calculation was made at the depth of 50 meter from the ground surface.