LSR Group Wins Auction to Obtain Right for 2 Quarries
OREANDA-NEWS. January 27, 2011. OJSC Rudas (a subsidiary of LSR Group), the largest supplier of sand in St. Petersburg and the Leningrad region, has obtained the right for two quarries in the Leningrad region through the auctions held by the Mineral Resources Department of the North-West Federal District. According to the Regional Agency for Mineral Resources and Environment, aggregate reserves of the quarries reach approximately 1 million cubic meters, reported the press-centre of LSR Group.
The company acquired the rights for exploration and sand extraction on the following sites:
site “Yatka”, Vsevolozhsky district of the Leningrad region (sand reserves of around 347,000 cubic meters);
site “50 kvartal”, Viborgsky district of the Leningrad region (sand reserves of around 653,000 cubic meters).
As soon as OJSC Rudas obtains a license for geological survey and sand extraction on these sites, the company would be able to reduce its logistics costs due to the short distance between the sand quarries and construction sites’: the “Yatka” quarry is located close to the Ring road-Skotnoye-Priozersk highway which is under construction and “50 kvartal”quarry is close to Skandinaviya highway, which renovation is scheduled for the next 4 years.
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