The officials discussed the upcoming investment programs by the Zangezur Copper and Molybdenum Combine.
“I would like to welcome you and first of all thank you for donating 25% of the company’s shares to the Republic of Armenia, as a result of which the 15% of the ZCMC capital has passed to the Republic of Armenia. We hope that all the agreements reached will be implemented, which is important not only for your company, but also for our economy. We believe that the implementation of the agreements will contribute to the strengthening and development of Armenia’s economy”, PM Pashinyan said.
In his turn Roman Trotsenko thanked for the constant attention to the mining industry of Armenia, where, he said, many problems have emerged over the past decades.
“We are happy for the cooperation with the Armenian government, which will allow to stabilize the situation around the Combine, carry out large-scale long-term investment programs in Armenia’s mining industry, the total volume of which will reach around 4 billion dollars. This will allow to reprocess the product, build new production units so that Armenia will produce copper, not concentrate, as well as a new nuclear power plant. As a result of these programs new ...
Read full story