Polymetal stocks up on red metal

The company Vostochny Basis (Polymetal has 25% in its authorized capital) has won the contest on right to use subsoil with aim of geological survey, exploration and production of copper ore at the Tarutinsky site.

The area of the licensed site makes up 1.8 square km and is located 28 km from Chesma (the Chelyabinsk region). The infrastructure of the region, where the licensed site is located in, is well developed; a railway station is situated 20 km from it.

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