The Hevel Company Group (a joint venture of Renova and Rosnano) and the Korean Hyundai signed a memorandum on cooperation in the field of construction of solar-diesel power plants. The financing amount of the project will be about 8 bln rubles, as Igor Shakhray, the Hevel’s Director General, told TASS.
A large mining and ore-dressing plant built in Tuva. A mining and ore-dressing plant officially opened at the Kyzyl-Tashtygskoe polymetallic deposit in Tuva’s Todzhinsky District on June 25. OOO Lunsin, owned by China’s Zijin Mining Group, launched the plant.
Billionaire Mikhail Prokhorov’s Intergeo has signed a framework agreement with China Nonferrous and Construction Co. (NFC) and China Overseas Engineering Group Co. (COVEC) purporting the design, inventory and logistics support and construction of the facilities required to develop the Ak-Sug copper deposit in Tyva, the Russian company said in a statement.