Phase one of new Arctic coal terminal to begin operations in 2024
© RIA Novosti. Aleksandr Kryazhev

Phase one of new Arctic coal terminal to begin operations in 2024

According to notes on the draft regional budget for 2024 and the planning period of 2025-2026, phase one of a sea terminal being developed as part of the Syradasaisky coal project on Taimyr Peninsula, Krasnoyarsk Territory, will be put into operation next year.

“The region’s coal mining industry will further pursue the investment project for the development of the Syradasaisky coal deposit by Severnaya Zvezda (Northern Star), as part of developing the Western Taimyr Industrial Cluster for the processing of coal concentrates. The project is in the active construction phase; phase one of the coal terminal is to begin operations in 2024,” the document reads.

In April 2023, Severnaya Zvezda Deputy CEO Alexander Pavlov announced the start of the active phase in the construction of the Yenisei Terminal at the port of Dikson on the Northern Sea Route, which is intended for the transshipment of Syradasaisky coal. He also said the investor planned to ship about 1 million metric tons of coal by the end of the year, once the first berth was completed and the approximate 1.8 million cubic meters of earth was removed from the bottom as part of the ongoing dredging operation.

By 2026, the Yenisei Terminal is to transship an additional 5 million tons of coal per year or more to be shipped via the Northern Sea Route.

The Syradasaisky field is located 110 kilometers southeast of the town of Dikson in the Taimyr Dolgano-Nenets Region in the Krasnoyarsk Territory. Reserves are estimated at 5 billion tons of coal. The project includes the construction of an open-cast coal mine with a capacity of 5 million metric tons of coal per year in the first stage and 10 million metric tons per year in the second stage, and also a coal-preparation plant, and the necessary infrastructure – a seaport (Yenisei), a new road, a temporary worker village, a power station, an airfield and other facilities.

The project is being implemented by Severnaya Zvezda (part of AEON Group), a resident company in the Arctic economic zone of the Russian Federation. It is part of the Yenisei Siberia complex investment project and has regional investment project status. Investment in the project will exceed 45 billion rubles until 2025, and about 2,000 jobs will be created.