Friday, March 25, 2011

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Francisco Javier Errazuriz said that Russian contracts are "signed and signed" CHILE MINING

renewable energy and mining transport

associated Russian Errazuriz to develop

NCRE

The joint venture aims to install systems tidal power, wave and geothermal.

José Manuel Duarte

Francisco Javier Errazuriz The employer is interested in getting into the energy business, through implementation of non-conventional renewable energy (URE). To do this will specify a joint venture with the Russian Federation to seek install renewable tidal wave (wave energy) and geothermal energy.

Errazuriz said that the prospects of installing these projects "under contracts already signed, and signed, so they are work already completed." The employer refused to detail the scope of these initiatives, saying it will be announced in the coming days, "when the respective delegations."

In particular, the installation of a plant which uses the energy generated by waves along the Chilean coast beginning with a pilot, in partnership with the Russian company RusHydro. Errazuriz

explained that although these attempts to harness the power of the sea have not proved at all in other parts of the world feels Chile confident that they can implement these initiatives. Another edge that the employer expects to cover its proximity to Russia is to implement a hydropower project, but made no mention of the details of the project, but said it will be announced soon. Transportation

mining for

Cosayach Moreover, the proximity between the group and several Russian companies Errázuriz already paid off. Yesterday, we completed the purchase by Cosayach (a subsidiary of the group) of eleven heavy trucks for mining operations BelAZ Belarusian company, totaling $ 12 million. According to the businessman, the purchase would represent an increase in the efficiency of iodine extraction operation you have, where transport costs represent a significant part of the final cost.

Errazuriz said that these vehicles represent a significant increase in the availability to transport material.

Both the Chilean and Russia hope the trade will be expanded in the coming years. In BelAZ stated that the intention is that the business with Errazuriz serve as a showcase for their products in the country, including heavy equipment for mining and industrial work. They currently have another project with Cosayach, which incorporate their products in the process of exploitation of iodine beyond Transporting.


Source:

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