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Russian Tycoons Agree on Sale of Mining Stake.
- Source :
-
New York Times . 8/6/2008, Vol. 157 Issue 54394, p5. 0p. - Publication Year :
- 2008
-
Abstract
- In what would be one of the biggest mining deals in Russia this year, the metals tycoon Mikhail D. Prokhorov announced on Tuesday that he would sell 16.6 percent of the Arctic mining giant Norilsk Nickel to his former business partner, Vladimir O. Potanin. The two tycoons agreed last year to divide their holdings in Norilsk, a Russian factory founded by Stalin, whose value soared along with high commodity prices. Norilsk is the world's largest producer of nickel, a key alloy in stainless steel. [ABSTRACT FROM PUBLISHER]
- Subjects :
- *MINERAL industries
*MINES & mineral resources
*STAKEHOLDERS
Subjects
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 157
- Issue :
- 54394
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 33522117