OREANDA-NEWS. MMC Norilsk Nickel and ALS Laboratory Group announced creating mineral assay and geochemical analysis joint venture (25%+1 share, and 75%-1 share) in Russia, Norilsk Nickel's press-service reported.

The initial focus of the JV will be on the Trans Baikal Region of Siberia where LLC ALS Chita is opening a large modern full service commercial assay laboratory. The new laboratory in Chita is located in a newly built facility modeled after other high production ALS Chemex laboratories throughout the world. The facility has state-of-the-art design and equipment which supports modern production management, and will operate using ALS' global quality control system.

ALS, as the majority partner in this venture, will be operating this facility as an independent laboratory providing services for both Russian and international companies operating in the Trans Baikal Region. Nevertheless, Norilsk Nickel Group will be the major client of the laboratory which will provide services to the Group's exploration companies throughout the region.

Historically, Russia has had great expertise in mineral analytical chemistry, but until now no high capacity commercial facility has been available to assist in the development of Russia's rich natural resources. The Trans Baikal Region and especially Chita are experiencing rapid growth of the mining and exploration industries with new projects that are aimed at developing mineral deposits, of copper, molybdenum, iron and gold. The two companies are pleased to participate in  and support this growth. The joint venture business will also provide new technologies, employment and training opportunities in Chita.