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Financial|Platinum|PROJECT
Financial|Platinum|PROJECT
financial|platinum|project

Russian firms seek Middle East partners for Nornickel JV

18th November 2019

By: Reuters

  

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MOSCOW – Russian Platinum, VTB Bank and Russia's Direct Investment Fund (RDIF) are seeking partners from the Middle East for a joint venture with Norilsk Nickel, businessman Musa Bazhaev told Russian President Vladimir Putin on Monday.

Bazhaev, who is a financial backer of Russian Platinum, also said overall investments in the company's joint project with Nornickel, Arctic Palladium, are estimated at $15-billion.

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Edited by Reuters

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