Russia: Baikal Mining Co borrows $1.4-1.45 billion to build Udokan plant
Baikal Mining Company belonging to billionaire Alisher Usmanov will take a $1.4-1.45-billion loan from Russian banks to finish construction of a plant at the Udokan copper deposit, Chairman of the Board of Directors Valery Kazikayev said at a mining congress on January 29. “We have invested about $900 million of own funds, and three key…
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