Loan for development of the largest deposit approved

Participants of the exhibition Innoprom-2013 – Ural Bank of Sberbank of Russia and Russian copper company continue to cooperate within agreement, concluded at the exhibition of industry and innovations.

As the JustMedia was reported by the press centre of the Ural Bank of Sberbank of Russia, the bank approved application of the group Russian copper company on financing of the Tominskoye deposit development and construction of an ore-dressing and processing enterprise. The total value of the project is 44.4 billion rubles, 30.2 billion of which will be allocated by Sberbank, and the remaining amount will be own funds of Russian copper company. The credit lines will be opened for up to 10 years.

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