Uralelectromed, a part of UMMC, has acquired 41.75% of the Malyshevskoye Mine Group.
According to the company statement, in September the Federal Antimonopoly Service allowed it to buy 100% of shares.
The share of the MRU feldspar concentrates on the Russian market is 25-27%, and of mica concentrates – 80-85%.
In 2015 Malyshevskoye Mine Group produced 685 million rubles worth of products; its net profits reached 40.5 million rubles. (Ukrainian metal)