Chelyabinsk Zinc Plant, Russia's largest maker of anti-corrosive metal, has doubled the volume of investment program for 2011 to 1.25 billion rubles($40 million) year-on-year, it said in a statement on Friday.
The investment program is designed to raise the output of zinc and its alloys to 160,000 tons, half of which is to be sold locally.
Chelyabinsk Zinc's subsidiary Nova-Zinc, operating a zinc and lead deposit in Kazakhstan, plans to produce 32,700 tons of zinc in zinc concentrate in 2011.
Another Chelyabinsk's subsidiary, The Brock Metal Company Limited, plans to produce 23,500 tons of zinc, including 22,200 tons of zinc alloys in 2011, the statement said.
MOSCOW, December 3 (RIA Novosti)