Russia’s Norilsk is in talks over $1-bln copper project financing
May 19 (Reuters) – Russia’s Norilsk Nickel , the world’s largest nickel and palladium producer, is in talks with Russian banks on raising $1 billion to finance a copper project, Norilsk’s first deputy chief executive said.
Norilsk, controlled by tycoon Vladimir Potanin and aluminium giant Rusal, recently approved the project to develop Bystrinskoe copper deposit in Russia’s Zabaikalsk region as part of its strategy update.
Read more at: http://www.reuters.com/article/2014/05/19/russia-norilsk-loans-idUSL6N0O51BD20140519
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