Production of steel and precious metals through the development of large integrated iron ore deposits in Jewish autonomous region as the most important factor of the economy rise in the Far East

The iron ore deposits in the Jewish Autonomous region are characterized by large reserves of ores (3bn. tons) and super-large resources of precious metals (1500-2500 tons). The newly created Kimkan-Sutarsky GOK is focused only on dry ore dressing, instead of the previously planned metallurgical plant for steel production. The state directive documents provide for the complete processing of natural raw materials on site and obtain the final product. The presence of large resources of gold and platinum in iron ores, exceeding the value of the iron ore containing them makes it necessary and obligatory to build a metallurgical plant with complete processing of ores. That would dramatically increase the efficiency of the enterprise and ensure the breakthrough development of the entire economy of the Far East.