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1954 Russo-Asiatic Consolidated Ltd

 

 

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Stock Code RAC01

 
Company Russo-Asiatic Consolidated Ltd, formed in 1919 to consolidate the Irtysh, Kyshtim, Russo-Canadian and Tanalyk Corporations. More
Description Certificate no. 33451 for 600 shares. Ornate black border with imprint of company seal.
Issued To Lloyds Bank Ltd, of 39 Threadneedle Street, London, EC2
Issue Date 2nd November 1954
Company Officers
 - Director Actual  signature
 J F Burley Secretary Actual signature
Size 33cm wide x 26 cm high

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About This Company

Following this consolidation the Russo-Asiatic Corporation had the following sole beneficial interests:

Freehold and leasehold mining, agricultural and forest land, mining claims and concessions in the Urals and Western   Siberia covering an area of 2,500,000 acres.
Twelve developed metal mines with 7,260,000 tons of proven ore reserves.
Coal mines with a capacity of 400,000 tons per annum, however being developed for an output of 2,000,000 tons per annum. Coal reserves practically unlimited.
Two copper smelting plants with a capacity of 14,000 tons of copper per annum.
An electrolytic copper refinery with a yearly capacity of 14,000 tons.
A lead plant with an annual capacity of 12,000 tons of lead.
A 50% completed zinc plant with a yearly capacity of 24,000 tons.
Iron mines, blast furnaces, rolling mills, foundries and steel works with a capacity of 24,000 tons of finished iron and steel products.
Cyanide and gold mills with a capacity of 70,000 tons of gold ore.
Two bullion refineries for production of gold and silver.

The Bolsheviks, on their accession to power confiscated the extensive mining interests, together with its smelters, refineries and railways, etc. The company immediately lodged claims with the British Foreign Office for compensation to the extent of 56 million. In September 1922, a provisional agreement was reached, however was subject to ratification by the Council Of People's Commissars in Moscow, and that approval was never given.

 

 

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