Press Release

on Signing the Agreement of Intent for the Implementation of Beryllium Project

May 25th, 2018      

In December, 2017 the Agreement of Intent was signed between MBC Corporation LLC (the Russian Federation), Pervomayskiy GOK LLC (the Russian Federation), Ulba Metallurgical Plant JSC (the Republic of Kazakhstan), and Russian Beryllium LLC (the Russian Federation). 

The purpose of this Agreement is the arrangement of cooperation on the implementation of project stipulating:

·     arrangement of mining operations at Yermakovskoye Fluorite-Beryllium field (Buryatia, the Russian Federation) which is the richest in the world in terms of Beryllium concentration;

·     modernization of processing line for Yermakovskoye field ore beneficiation at the industrial site of Pervomayskiy GOK;

·     processing of Beryllium concentrates using the capacities of UMP JSC;

·     addressing the issue related to possible establishment of the plant for producing Beryllium Hydroxide in the territory of the Russian Federation.

Implementation of the above project would allow achieving the range of significant steps for Beryllium industry, specifically:

·     renewal of Beryllium ore industrial mining at Yermakovskoye field and production of Beryllium concentrate for its further processing at UMP JSC;

·     maintenance of the chain from Beryllium ore mining to manufacturing full range of Beryllium products in the territory of the Russian Federation and the Republic of Kazakhstan. 


MBC Corporation LLC is the ore mining company within the structure of METROPOL Group which is one of the largest investment and industrial groups in Russia. The corporation focuses on green-field projects, i.e. implements them starting from “zero” stage. It holds a license for mining the ore at Yermakovskoye field in the Republic of Buryatia.

 Pervomayskiy GOK LLC holds industrial facilities potentially suitable for processing ore at Yermakovskoye field with manufacturing ore Beryllium concentrate (concentrating mill, tailing dumps and range of industrial infrastructure facilities).

 Ulba Metallurgical Plant JSC is one of the recognized world leaders in producing Uranium Dioxide fuel pellets for nuclear power plants and products containing Beryllium, Tantalum and Niobium. The company is a part of National Atomic Company Kazatomprom.

Russian Beryllium LLC participates in the implementation of integrated project on industrial technics development for manufacturing Beryllium concentrate and Beryllium Hydroxide using ore from Yermakovskoye field for industrial production arrangement.