Russian mining and smelting company CHEK-SU.VK has signed an agreement to build a manganese ore processing plant in the Krasnoyarsk Region of Russia.
Supplies of ore from deposits in the Kemerovo Region will be transported to the plant via Khakassia to be processed.
The project's total value is estimated at RUB 22 billion and will be completed in 2013.
The agreement was signed at the Krasnoyarsk Economic Forum which opened on Friday. Around 1000 representatives of government agencies and business have gathered at the forum to discuss issues of modernisation.
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