VEB comes to agreement with Chinese to help Norilsk Nickel with Bystrinskoye
Edited by Rhod Mackenzie / 2015-09-02 10:53:13
China Finance Metals and mining Norilsk Nickel Russia Russia mineral extraction China Metals and Mining Russia Metals and Mining Copper Gold Nickel
The Export-Import Bank of China (Eximbank) intends to participate in the project of Norilsk Nickel for the development of the Bystrinskoye deposit in the Trans-Baikal region, Vnesheconombank (VEB) reports.
During the official visit of the Russian President Vladimir Putin to China, VEB and Eximbank signed a memorandum of understanding. The parties intend to participate in the project "Integrated development of the Bystrinskoye gold-iron-copper-bearing deposit in the Trans-Baikal region", in which it is planned to raise funds of Chinese financial institutions. On behalf of Vnesheconombank the document was signed by the first deputy chairman - member of the Board Peter Fradkov and the Export-Import Bank of China - vice president Yuan Xingyong.
