"Metalloinvest" and the Chinese Hopu suspend talks on Udokan.

There are several reasons why the parties failed to agree: lower prices for copper, the completion of the industrial cycle in China and the fact that the parties did not agree on the price of 10% in Udokan.

"Metalloinvest" of Alisher Usmanov and a Chinese investment fund Hopu Investment suspended talks on the sale of the last 10% of the largest copper deposit in Russia - Udokan, "the Vedomosti" wrote on Tuesday with reference to sources close to the negotiations.