Receipt of the State Commission on Reserves protocol

LLC “Baikal Nedra Geo” received the protocol of the State Commission on Reserves meeting №6746 dated 21 September 2021 with a positive decision to approve the reserves of synnyrite ore for chemical and fertilizer production and alumina production of the “Kalyumnoye” deposit, in the amount of 2 034 964.9 thousand tonnes of C1+C2 category.  That is, more than 2 billion tonnes of ore.

The following temporary exploration conditions have been approved:

1.High-potassium aluminosilicate rocks of the first phase of intrusive complex of the Middle-Upper Paleozoic age are to be considered as mineral resources;

2.The on-board content of conditional potassium oxide in the sample is 26%;

3. Conversion coefficient of Al2O3 (%) to conditional K2O (%) – 0.47;
4. Minimum vertical thickness of the ore interval – 5m;
5. Maximum vertical thickness of waste rock and substandard ore intervals included in the calculation of reserves – 5m;
6. Quality of commercial products after processing shall comply with the following requirements: potassium sulphate – purity not less than 94%, metallurgical alumina – state standard 30558-2017 “Metallurgical alumina. Technical conditions”;
7. The content of natural radionuclides mineral raw materials shall meet the requirements of sanitary and epidemiological rules 2.6.1.2800-10 for materials of the 1st class;
8. The reserves within the boundaries of the design contour of the open pit, economically justified in the feasibility study, shall be classified as balance reserves.

The subsoil area “Kalyumnoye” was approved as the “Kalyumnoye” deposit. This is a great achievement for the company, all its employees, and all contractors involved in the project. An achievement for the industry on the scale of the country and the Republic of Buryatia.