- High resource site in Excess of 300 million tonnes.
- Formed part of the strategic reserves of Rustavi Steel Plant operated since 1944 – producing 1.8 million tonnes of steel a year.
- Permits completed
- Environmental and social studies carried out
-Production Q4 2016.
- All infrastructure in place.
- Near local iron ore mining town of Vanadzor.
- Local shareholders to assure success
- Large demand in region