Chinese firm to invest $500 million in Tajik metal plant January 24, 2013 - 19:28 AMT PanARMENIAN.Net - China Global New Technology Imp & Exp plans to invest $500 million in construction of a metallurgical plant in northern Tajikistan, the Central Asian country’s State Committee on Investments and State Property Management said on Thursday, January 24, according to RIA Novosti. “The plant will be built as part of the Zarnisor joint venture, whose main investor is this Chinese company,” a Committee spokesman said. Zarnisor was established in 2007 near the Altyn Topkan lead-zinc deposit in Tajikistan’s north. The enterprise’s annual processing capacity amounts to 1 million metric tons of ore. Over five years, China Global New Technology has invested some $150 million in the venture. According to Tajikistan’s Energy and Industry Ministry, production of lead dust at Zarnisor grew 87 percent over 2012 to 23,400 tons, while production of zinc dust rose 130 percent to 37,300 tons. A second production line is to be launched this year, doubling the enterprise’s production capacity. Partner news  Top stories U.S. officials say they want to advance efforts to start talks between the Syrian government and opposition leaders. The international conference, backed by Russia and the U.S., aims to find a political solution to the conflict in Syria. Nuland, a career foreign service officer who was until recently State's top spokesperson, was expected to be nominated the post. Alkhatib said Assad should respond within 20 days and that he should then be given a month to dissolve parliament.   Partner news |  Latest news ANCA testimony to call for conditions on Turkey trade deal  ANCA Government Affairs Director Kate Nahapetian will testify this coming week before the U.S. International Trade Commission.U.S. says Syria conflict threatens Lebanon’s stability Syria has been locked in an increasingly bloody civil war since demonstrations broke out against the Assad regime in March 2011.Tizen-based Samsung smartphone images leaked online The images also reveal that Samsung has implemented S-Voice, S-Beam, and Wi-Fi Direct into the handset.France set to begin first major stage of Mali withdrawal However, some fighters retreated to hideouts in the mountains and desert, from where they have launched isolated attacks. |
