Russia: Otkritie FC Bk opens loan to UMMC for Yubileinoye mine
Russia’s Otkritie Financial Corporation (FC) Bank has signed an agreement to open a 21-billion ruble 10-year loan to Ural Mining and Metallurgical Company (UMMC-Holding) for construction of an underground mine at the Yubileinoye copper field, the bank said in a statement on March 25. “Bank Otkritie will issue a 21-billion ruble loan to UMMC-Holding for…