Iron ore, Nickel, China

The Vice-President of MMC 'Norilsk Nickel' Andrey Bugrov: the Construction of Bystrinsky GOK is the most successful project of public-private partnership in Russia.

The delegation of "Norilsk Nickel", headed by the vice-president - head of the block of interaction with the authorities and the investment community - Andrey Bugrov, attended the First East Economic Forum.
On the first day of the EEF Andrey Bugrov made a presentation "The implementation of the project to develop the Bystrinsky deposit" during the session "Subsoil: extraction and processing".

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"Norilsk Nickel" is trading with the Chinese for Bystrinsky GOK.

MMC "Norilsk Nickel" was in a commercial trade with unhurried Chinese partners to join the Bystrinsk GOK project, continued to dialogue with Russian state-owned banks to attract project financing, might reduce the volume of applications, CEO and largest shareholder Vladimir Potanin stated.
"Not only Vnesheconombank, but also other state-owned banks are interested in financing the project, we have not given up the idea, there are developments. We may not get the volumes of financing, which are expected in the spring and summer", - Potanin stated, without specifying how much money was originally requested.

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"Norilsk Nickel" invites the Chinese into the "second class".

Norilsk Nickel has offered them the unclaimed projects.
As the "Kommersant" reports "Norilsk Nickel" is ready to attract the Chinese investors into the development of the fields in the Trans-Baikal region, which did not fit into its new development strategy. These are the polymetallic areas of Lugokansk and Kultuminsk, as well as the Solonechensk antimony deposit: MMC did not dare to develop them on its own due to the issues of profitability and the volume of stocks. But analysts point out that these same factors can alert the Chinese.
Last week "Norilsk Nickel" introduced the development projects of three polymetallic and one antimony deposits in the Trans-Baikal region to local investors at a meeting of the Russian-Chinese intergovernmental commission on investments in Beijing, "the Kommersant" sources informed. According to the materials of the presentation ("the Kommersant" has a copy), The company is ready to attract Chinese companies to the Bystrinsk polymetallic deposit development projects (the reserves are 14 million tons of ore containing copper, gold and iron), the Lugokansk polymetallic deposit (the reserves are 230 thousand tons of ore containing copper, gold and silver), the Kultuminsk polymetallic deposit (180 thousand tons of ore containing copper, gold, silver and iron) and the Solonechensk antimony deposit (580 thousand tons of ore, 18% of all the metal stocks in Russia). The development of these fields is aimed at "increasing the demand from China", the document informs.

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Even more yuan hunters.

"Timir", "Intergeo" and the Silver Bear are waiting for the Chinese investors.
As "the Kommersant" informed the number of Russian companies willing to attract the Chinese partners for the implementation of the new mining projects included MMC "Timir", "Intergeo" and the Silver Bear. However, in all three cases the concrete negotiations with the investors have not yet been reached. A surge in interest in the investments from China began in spring, after the cooling of relations between Russia and the West, but few so far managed to negotiate with the Chinese.

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