Ilya Khrennikov
China Nonferrous Metal Industry’s Foreign
Engineering and Construction Co. agreed to acquire a 50 percent
stake in Russian MBC Corp.’s Ozernoye zinc project
in eastern Siberia, MBC said in a statement.
The Chinese company, also known as NFC, signed a
framework agreement today at a Russia-China forum in Moscow in the
presence of First Deputy Prime Minister Igor Shuvalov and Chinese
Vice Premier Li Keqiang, according to the statement.
NFC preliminarily agreed to organize financing
for the project, build a processing plant and take on the metal
produced, the statement showed. MBC is controlled by
Russian lawmaker and owner of the IFC Metropol brokerage Mikhail
Slipenchuk.
http://www.bloomberg.com/news/2012-04-28/china-s-nfc-agrees-to-invest-in-russian-lawmaker-s-zinc-project.html
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