Rostec Sells Copper Mine to Norilsk Nickel for $1.1 Bln

Published: Dec 28, 2016 11:53

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Rostec, a large state-owned company of Russia, decided to sell its copper mine to the mining giant Norilsk Nickel for $1.1 billion, wenhua.com reported.

SHANGHAI, Nov. 28 (SMM) - Rostec, a large state-owned company of Russia, decided to sell its copper mine to the mining giant Norilsk Nickel for $1.1 billion, wenhua.com reported.

Norilsk Nickel said the deal will be paid by installment in next few years.

The copper mine also contains precious metals and base metals.

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Rostec Copper Mine copper concentrate Norilsk Nickel precious metals base metals

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