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Russia, China sign contract on nickel supplies worth more than $ 2 bln

October 10, 2011, 18:53 UTC+3
A contract on trade cooperation between the Economic Cooperation Committee of the Chinese people’s association for friendship
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BEIJING, October 10 (Itar-Tass) —— A contract on trade cooperation between the Economic Cooperation Committee of the Chinese people’s association for friendship, the Beijing investment company Haowo and Russia’s Norilsk Nickel (Nornikel) company was signed upon the results of the Sixth Russian-Chinese Economic Forum of the Business Communities in the presence of the Russian Deputy Prime Minister Alexander Zhukov in Beijing on Monday.

The document envisages supplies of Russia’s nickel to China. The cost of the supplies is estimated at over 2,223 million U.S. dollars.

Norilsk Nickel is one of the world’s largest metals producers. Last year, the company produced 297,329 tonnes of nickel, which is 5.1 percent more than the year before.

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