Russia: Rusal acquires share in Skad

Rusal acquires a share of the foundry and mechanical production facility Skad, producer of aluminum alloy car wheels, located in Krasnoyarsk region. Under the terms of the transaction, Rusal will own a stake in the authorized capital of Skad, while its founder Idris Zakriev will remain the Chief Executive Officer of the production facility. Skad…

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Tajikistan: China mining company to invest $70 million in Pakrut Gold Project

China Nonferrous Gold Limited, the mineral exploration and mining company currently mining the Pakrut Gold Project in Tajikistan, intends to invest additional $70 million in the development of the deposit. According to the State Committee on Investment and State-owned Property Management of Tajikistan (GosKomInvest), an agreement on development of the Pakrut Gold Project in the…

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Ukraine: terrorists want access to Avdiivka Coke

The representatives of the so-called Donetsk People’s Republic, a terrorist organization supported by the Kremlin, demand access of their inspectors to Avdiivka Coke and Chemical Works on Ukraine-controlled territory because of the “ecological danger”. According to Denis Pushilin press-secretary Victoria Talakina, this was voiced during the Minsk meeting. She said, that during the military conflict…

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