Usolsky Independent Technical Engineer

Service Area: Mine Engineering
Location: Perm Region Russia
Date: 2013 - 2018

Wardell Armstrong International was engaged as the Independent Technical Engineer to a consortium of financial institutions (the lenders) to monitor the development and construction of EuroChem’s Usolskiy potash project in the Perm region of Russia.

Wardell Armstrong International undertook an initial technical due diligence in 2013 to review the position of the Project prior to the lenders making a $750million loan facility available. From 2014 to 2018 we undertook quarterly site visits where a review of the progress of the shaft construction, underground mine development, beneficiation plant, rail loadout and dispatch, and related site infrastructure was undertaken. Our reports provided technical and financial observations of the development of the project with comments on the construction schedule and any delays that had incurred or were potentially going to occur. Our involvement in the project concluded as the project was entering the hot commissioning phase.

 

Project

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