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ROSATOM, Norilsk Nickel to join efforts in ore mining in Trans-Baikal Territory

April 16, 2014, 23:22 UTC+3 MOSCOW
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MOSCOW, April 16, /ITAR-TASS/. The Russian nuclear energy corporation ROSATOM and MMC Norilsk Nickel have signed a cooperation agreement on social and economic development of the Trans-Baikal Territory.

Top-priority goals set out in the agreement include the growth of the mining sector in the region. The document contains guarantees of transportation and power and social infrastructure development, focusing on more efficient use of mineral and feed stock resources in the region, as well as major efforts in industrial cooperation.

In 2014, Norilsk Nickel and ROSATOM are planning to establish cooperation between their facilities and work out proposals on state support for the construction of industrial facilities and social infrastructure in the region.

The two companies are also studying the possibility of engaging MMC personnel of Priargunsky Industrial Mining and Chemical Company, a ROSATOM subsidiary, at their facilities in the region.

The Trans-Baikal Territory has long-term prospects, and Norilsk Nickel is already implementing important projects in the region. “We hope that our joint effort with ROSATOM will encourage more efficient development of social infrastructure in the Trans-Baikal region, attract skilled personnel and introduce advanced technologies for productive and harmonious development of the region,” MMC Norilsk Nickel CEO Vladimir Potanin said.

MMC Norilsk Nikel is already implementing an investment project in the region as part of state-private partnership to build a 227-km railroad and the Bystrinski ore-dressing plant.

MMC Norilsk Nickel is a diversified mining and metallurgical company, the world's leading producer of nickel and palladium, and a major producer of platinum, cobalt, copper and rhodium. The company also mines gold, silver, iridium, osmium, selenium, ruthenium and tellurium.

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