Norilsk Nickel doesn’t rule out increase in China share in Bystrinsky to 20%
Edited by Rhod Mackenzie / 2016-03-25 07:25:34
China Metals and mining Norilsk Nickel Russia Russia mineral extraction China Metals and Mining Russia Metals and Mining Copper
Norilsk Nickel hasn’t rule out increasing the share of China in the development project of the Bystrinskoye deposit in the Trans-Baikal region to 20%, larger package is not planned to be sold, CEO of the company Vladimir Potanin told reporters.
According to him, the declared in December transaction (sale of 13.3%) is focused on partnership. The Chinese side is interested in the increase of the share to 20%, so first we will close this deal. Then we will see whether they really have an interest in increasing the share, and then we will think about what to do with the remaining part," - said Potanin.
