China to mine non-ferrous metals in Kolyma

The Administration of the Magadan Region and Сhina Nonferrous Metal Industry’s Foreign Engineering Corporation (NFC) are going to fulfill the investment project of development of Kunarevskaya prospective area.

The leader of the Region Vladimir Pechenyi and the General Director of NFC signed the agreement of intentions concerning development of investment cooperation. It is planned to include this project in the strategy of social and economic development of the Far East and the Baikal Region up to 2025 approved by the regulation of the RF government.

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