Petropavlovsk, Metals and mining, China

Petropavlovsk to buy out a stake in Elginskoye deposit for $60 million

In May this year, Petropavlovsk Plc signed a contract with Agestina Limited to acquire a non-controlling 25% stake in TEMI (75% owned by Petropavlovsk), which owns a license for develo

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Petropavlovsk expects payment from Chinese investors

Chinese companies General Nice and Minmetals Cheerglory have not yet contributed the remainder of the funds for the acquired shares in iron ore IRC.

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First concentrate from Kimkano-Sutarsky GOK shipped to China

The first trial lot with iron ore concentrate from the Kimkano-Sutarsky GOK (in the structure of Petropavlovsk group) has been shipped to China.

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K&S GOK to reach design capacity in 2017

K&S GOK (Jewish Autonomous Region) will be commissioned in July-August. The enterprise plans to load 500 thousand tons of iron ore concentrate to the consumers before the end of 2016, deputy director general for logistics at Petropavlovsk-Iron Ore LLC I.Shleeva said. The products will be exported to China mainly via railroad border crossing Grodekovo-Suifenhe, as well as Zabaikalsk-Manzhouli.  

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