15 Jul '09
South Korean company Langfeld Enterprises Ltd intends to invest $200m building a mine in Kemerovo region.
Under plans, the new mine is to be built instead of a closed and inactive Lapichevskaya mine. Earlier Langfeld Enterprises Ltd had purchased 70% in Mine Lapichvskaya, Kommersant said.
The mineís projected annual capacity is 2.5 million tons a year.
The mine is scheduled to be put into commission by 2012.