India Metals and Mining

Indian companies intend to produce coal, tin, zinc, lead and copper in the Far East

Indian mining companies are interested in mining in the Far Eastern Federal District.

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NLMK thinks about the production facilities in Asia

Novolipetsk Steel (NLMK) is considering expanding its presence on the Indian transformer steel market.

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Tata Power plan to produce 8 million tons of coal annually in Kamchatka

Indian energy company Tata Power expects to produce at least 8 million tons of coal per year within 20 years after commissioning of the Krutogorovskoye deposit.

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Alrosa to change its foreign sales policy

Deputy Prime Minister, presidential envoy to the Far East Yuri Trutnev has instructed Alrosa to review foreign sales policy of rough diamonds within a month.

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Tata Power obtains license for investments in Krutogorovskoye’s coal

The Indian company Tata Power, implementing an investment project for development of the Krutogorovskoye coal deposit in the Kamchatka region, has received a license for investment activities.

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Another Indian investor to be engaged in cutting of diamonds in Vladivostok

The Indian company M. Suresh will be engaged in cutting of diamonds and creation of jewelry in the Primorsky region. The company registered its branch M.

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Russian Ministry of Industry and Trade estimates amount of foreign investments in Klyuchevskoye deposit

China National Gold will invest about $420 million in development of the Klyuchevskoye gold deposit in the Trans-Baikal region, another $ 65 million will be invested by Indian SUN Gold, the volume

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CNGC to be owned of Klyuchevskoye deposit in Trans-Baikal region by the end of September

Chinese state-owned gold mining corporation China National Gold Group Corporation (CNGC) has planned to complete a deal to acquire a share in Zapadnaya-Klyuchi Mine, which owns a license to develop

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Alrosa tests mechanism of settlements in rubles under contracts with foreign clients

Alrosa has tested mechanism of settlements with foreign clients in the Russian currency. As an experiment, corresponding transactions were conducted with clients from China and India.

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Eurasian Economic Commission protects Viktor Vekselberg from competitors

The Eurasian Economic Commission (EEC) may extend anti-dumping duties on graphitized electrodes of Indian companies with a 50% dumping margin for five years.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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