Petropavlovsk to attract Chinese investors for the development of IRC
Edited by Rhod Mackenzie / 2013-03-11 05:24:02
The shareholders of Petropavlovsk PLC have approved the conclusion of the agreement with the Chinese companies General Nice Development Ltd and Minmetals Cheerglory Ltd. on the attraction of $238 million for the development of the iron-ore company IRC Ltd. It is said in a statement of the company, placed on a web site of the London Stock Exchange.
