Norilsk Nickel doesn’t rule out increase in China share in Bystrinsky to 20%

Norilsk Nickel hasn’t rule out increasing the share of China in the development project of the Bystrinskoye deposit in the Trans-Baikal region to 20%, larger package is not planned to be sold, CEO of the company Vladimir Potanin told reporters.

According to him, the declared in December transaction (sale of 13.3%) is focused on partnership. The Chinese side is interested in the increase of the share to 20%, so first we will close this deal. Then we will see whether they really have an interest in increasing the share, and then we will think about what to do with the remaining part," - said Potanin.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer