Chukotatomenergo (a division of the State Atomic Energy Corporation “Rosatom”), a resident of the Arctic Zone of the Russian Federation (AZRF), is launching the construction of a marine terminal to provide power for the project to develop the Baimskaya ore deposit (Baimka). As per porarctic.ru, this news was announced by Roman Kopin, Head of the Chukotka Autonomous District.
The terminal will house four upgraded floating power units with a total capacity of 318 megawatts. The capital investments in their construction will be about 150 bn roubles. The commencement of operation of the first two power units is scheduled for the first quarter of 2027; of the third one - for the first quarter of 2028, and the fourth power unit - by mid-2031. This is not the only infrastructure facility to be built in the region to launch the production at the Baimskaya deposit. According to the governor, a bypass road to Pevek and new airport terminals will be built in Pevek and Bilibino under the project. The applications have already been submitted to the government of the Russian Federation.
It is worth mentioning that the total resource potential of the Baimskaya deposit is about 23 mn tonnes of copper and 2 thousand tonnes of gold, according to geologists. To develop these resources, a mining and processing plant with an ore processing capacity of 70 mn tonnes of ore per year will be built in the region. KAZ Minerals, the project investor, intends to invest 620 bn roubles in its implementation.
The Baimskaya project promises to become one of the powerful drivers of the economic and social development of the Chukotka Autonomous District. The project will generate large tax revenues to the budgets of all levels, create thousands of new jobs, expand the logistics and transport networks of the region, and comprehensively improve its autonomous power supply.
