"Intergeo" and Chinese NFC, COVEC to work together to develop Ak-Sugsk deposit in the Republic of Tyva.

"Intergeo" of Mikhail Prokhorov has signed a Framework Agreement for the design, logistics and construction of the mine based on the Ak-Sugsk copper deposit in the Republic of Tyva with Chinese companies - China Nonferrous Metal Industry's Foreign Engineering and Construction Co (NFC) and China Overseas Engineering Group Co (COVEC).

"The agreement provides for the creation of high-grade ore mining and processing infrastructure and provision of equipment for the full disclosure of the enormous potential of one of the largest copper deposits in the world", - the report of "Intergeo" informs.

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