• A machine engraves information on an ingot 99.98 per cent pure platinum at the Krastsvetmet. The company says 2025 platinum production would be expanded to 154 tonnes. Ilya Naymushin / Reuters
    A machine engraves information on an ingot 99.98 per cent pure platinum at the Krastsvetmet. The company says 2025 platinum production would be expanded to 154 tonnes. Ilya Naymushin / Reuters
  • Krastsvetmet, one of the world’s largest players in the precious metals industry, plans to increase gold production by 55 per cent by 2025. Ilya Naymushin / Reuters
    Krastsvetmet, one of the world’s largest players in the precious metals industry, plans to increase gold production by 55 per cent by 2025. Ilya Naymushin / Reuters
  • A worker works on an ingot of 99.98 per cent pure platinum at the Krastsvetmet non-ferrous metals plant in Siberia. Krastsvetmet plans to launch a new refinery complex at its Siberian base. Ilya Naymushin / Reuters
    A worker works on an ingot of 99.98 per cent pure platinum at the Krastsvetmet non-ferrous metals plant in Siberia. Krastsvetmet plans to launch a new refinery complex at its Siberian base. Ilya Naymushin / Reuters
  • A worker processes a briquette of platinum shavings to cast ingots of 99.98 per cent pure platinum. Ilya Naymushin / Reuters
    A worker processes a briquette of platinum shavings to cast ingots of 99.98 per cent pure platinum. Ilya Naymushin / Reuters
  • A worker stores ingots of 99.99 per cent pure silver. Krastsvetmet plans to almost double silver production over the next decade. Ilya Naymushin / Reuters
    A worker stores ingots of 99.99 per cent pure silver. Krastsvetmet plans to almost double silver production over the next decade. Ilya Naymushin / Reuters
  • An employee weighs an ingot of 99.99 per cent pure gold at the Krastsvetmet plant in Siberia. Ilya Naymushin / Reuters
    An employee weighs an ingot of 99.99 per cent pure gold at the Krastsvetmet plant in Siberia. Ilya Naymushin / Reuters
  • Krastsvetmet last year started construction of a laboratory and research complex and implemented a non-waste production and enhanced energy efficiency system. Ilya Naymushin / Reuters
    Krastsvetmet last year started construction of a laboratory and research complex and implemented a non-waste production and enhanced energy efficiency system. Ilya Naymushin / Reuters
  • A worker processes a briquette of platinum shavings to cast ingots of 99.98 per cent pure platinum. Ilya Naymushin / Reuters
    A worker processes a briquette of platinum shavings to cast ingots of 99.98 per cent pure platinum. Ilya Naymushin / Reuters
  • Workers cast an ingot of 99.98 per cent pure platinum at the Krastsvetmet non-ferrous metals plant in Siberia. Ilya Naymushin / Reuters
    Workers cast an ingot of 99.98 per cent pure platinum at the Krastsvetmet non-ferrous metals plant in Siberia. Ilya Naymushin / Reuters
  • A worker forms on an ingot of 99.98 per cent pure platinum at the Krastsvetmet non-ferrous metals plant in Siberia. Krastsvetmet plans to launch a new refinery complex at its Siberian base. Ilya Naymushin / Reuters
    A worker forms on an ingot of 99.98 per cent pure platinum at the Krastsvetmet non-ferrous metals plant in Siberia. Krastsvetmet plans to launch a new refinery complex at its Siberian base. Ilya Naymushin / Reuters
  • A machine engraves information on an ingot of 99.99 per cent pure gold at the Krastsvetmet in Siberia. Ilya Naymushin / Reuters
    A machine engraves information on an ingot of 99.99 per cent pure gold at the Krastsvetmet in Siberia. Ilya Naymushin / Reuters

Business

In pictures: All that glitters is gold for Russia’s Krastsvetmet

Liz Claus

March 09, 2014

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The Russian precious metals company Krastsvetmet says it has based its development strategy until 2025 on a significant increase in the amount of precious metals it produces.

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