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Strikeforce Mining and Resources

/ Structure / Energy / Strikeforce Mining and Resources

Date founded: purchased 1997 Description of activities: Strikeforce Mining and Resources Ltd (SMR) incorporates a group of companies engaged in exploration, mining, beneficiation and smelting of minerals and ferromolybdenum production. SMR Group is the biggest Russian molybdenum producer and one of the world biggest suppliers of ferromolybdenum to the global market. Site: www.smr-company.ru/

SMR key assets:

Sorsk Mining and Processing Plant (Sorsk GOK LLC)
Sorsk Ferromolybdenum Plant (Sorsk FMZ LLC)
Zhireken Mining and Processing Plant (Zhireken GOK JSC)
Zhireken Ferromolybdenum Plant (Zhireken FMZ LLC)
ZSI (ZabaikalStalInvest JSC)

Key operations of the Company include ore mining and processing, and ferromolybdenum production at a complete production process line which incorporates ore mining, crushing, milling, floatation, filtration, drying, roasting and smelting. Currently SMR produces molybdenum concentrate, ferromolybdenum, and copper concentrate as a by-product of ferromolybdenum process.

The objective of the Company is to maintain sustainable and long-term benefits of its leader's position in the Russian molybdenum industry, continuous enhancement of its performance and financial indicators, implementation of the best world mining practices.

SMR Strategy:

Enhance ferromolybdenum output.
Improve operations efficiency.
Growth of reserves and resources base through further exploration and associated competence development.
Evaluate acquisition opportunities for further molybdenum output enhancement and monitoring opportunities for base metals diversification.
Continuous enhancement of environment, health and work safety.

News

08.02.2012

UC RUSAL AND PHOSAGRO SIGN LONG-TERM SUPPLY AGREEMENT

UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; MICEX: RUALR; RTS: RUALR), the world's largest aluminium producer, and PhosAgro (MICEX, RTS, LSE: PHOR), a leading global vertically integrated phosphate-based fertilizer producer, today announce an agreement for the supply of fluoric salts until 2034.

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02.02.2012

UC RUSAL TO INCREASE ITS STAKE IN YAROSLAVSK GRK TO 100%

UC RUSAL, the world's largest aluminium producer, is pleased to announce that it has entered into an agreement to acquire 50% of OOO "Yaroslavsk GRK" (Yaroslavsk Mining Company) from Russian Mining Company (RGRK). Following completion of the deal, Yaroslavsk GRK will be 100% wholly owned by RUSAL.

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31.01.2012

SMR ANNOUNCES FULL YEAR PRODUCTION RESULTS FOR 2011

SMR, the biggest Russian FeMo producer announces its key production data for 2011. In 2011 the Company continued implementation of the previously adopted program for modernization and technical upgrade of its production facilities

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30, Rochdelskaya Street, Moscow Russia 123022
Tel.: +7 (495) 720-5025 Fax: +7 (495) 720-5395
E-mail: info@basel.ru