Russia: HeidelbergCement has won the right to develop a 37.5km2 plot at the Novo-Shikhanskaya area in Volga. According to the Geolnerud Central Research Institute, the limestone resources for the cement industry in the area amount to 168Mt. The contract costs Euro14,284 with an initial payment of Euro11,644. The license in valid for 25 years.
HeidelbergCement to develop Volga limestone deposit
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