11.1 C
Belgrade
Supported byspot_img
spot_img

Russian bank looking to dump Ukrainian mining and metal assets

Member of Europium Groupspot_img
Supported byspot_img

Vnesheconombank (Russia), which controls some Ukrainian mining and metal assets which it acquired control of as a creditor, including Industrial Union of Donbas, has intensified the search for a buyer of these assets, the Kommersant newspaper reported, citing sources.

The newspaper said that VEB started taking real steps to sell assets after top managers in the bank were reshuffled in February 2016.

According to Kommersant, VEB has intensified the search for a buyer for mining and metals assets: Industrial Union of Donbas in Ukraine and Sibuglemet.

Supported by

Source: Ukrainian journal

Supported byElevatePR Digital

Related News

Trinex Minerals moves to acquire lithium assets in South Australia and Canada

Trinex Minerals, an Australian mineral exploration company, has entered into binding agreements to acquire lithium assets in South Australia and Canada. The company aims to...

UAE agrees to investigate India’s concerns about rising exports of silver and precious metals

The United Arab Emirates has agreed to investigate issues raised by India regarding a significant rise in its exports of silver, platinum alloy and...

Malaysia’s rare earths aspirations face challenges due to geopolitical tensions and technology dependency

Malaysia's goal of capitalizing on its rare earth reserves, valued at approximately $50 billion, is encountering significant hurdles, according to a government minister. Plans...

African Mining Vision launched to transform Nigeria’s mining sector and drive economic growth

Mkhululi Ncube, programmes officer at the African Minerals Development Centre, emphasized that the newly launched African Mining Vision (AMV) will revitalize Nigeria's mining sector...
Supported by
Supported by
Supported by
error: Content is protected !!