Mirabiliti Project Suppose to build Mini-chemical Plant in Rustavi (industrial city, circa 35 km from Tbilisi) Mirabiliti project suppose to build mini-chemical plant in Rustavi (industrial city, circa 35 km from Tbilisi) which can use Mirabilite brine (Na2SO4x10H2O) for Sodium Sulfate (Na2SO4) production. Mirabilite (Glauber’s salt) deposit with proved capacity of 1 Mln Ton. (A+B+C1) is situated 40Km from Rustavi. Sodium Sulfate is widely used in chemical industry mainly in detergent production (50% of demand).
Business idea:
Main idea is to use high concentrated Mirabilite brine, which can be easily extracted from salt lakes bottom for natural Sodium Sulfate production in new mini-chem.plant. Low cost of power(7usd.cent/KWH), short distance from mine to plant (40Km of good road), qualified and not expensive man power making this project highly attractive for potential investors. Production cost of 1 MT Sodium Sulfate estimated as- $30/MT.Production cupasity-3000MT per month. International market price – $90 per MT. Targeted markets-Georgia (20% of output) Turkey ,Iran, Ukraine and other CIS countries. Annual operational profit - $1,6Mln.
Existing assets:
Mirabiliti Ltd. holding mining license up to 2012.49 year lend lease agreement with local authorities.
Investment:
Capital investment for set up project (site acquisition, chemical plant design/ equipment/civil works/erection, mains development, tank trucks, managerial expenses )- $3 mln.
Investment pay beck period:
24 month after production will start. Project set up period 16 month.
Stakeholders are offering 50% of company shares for potential investors. Click here for technical parameters Contact Information: Project consultant –Tamaz Tsiklauri |
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