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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



10.02.2012

FUTURES CONTRACTS ON UC RUSAL'S RDR TO START TRADING ON MICEX-RTS ON 13TH FEBRUARY 2012

UC RUSAL, the world's largest aluminium producer, announces the launch of Russian Depositary Receipts (RDR) trading at the Standard equity market of MICEX-RTS stock exchange and  futures contracts on RDRs at FORTS derivatives market.

more details

09.02.2012

UC RUSAL TO START RECYCLING WASTES AT UAZ IN 2014

UC RUSAL, the world's largest aluminium producer, is pleased to announce the launch of a new alumina production waste recycling technology test run, which will result in the construction of a prototype facility at the Urals aluminium smelter (UAZ).

more details

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.

more details