10 February, 2020
Nornickel Arctic project – Russia considering $1 billion loan
The Russian government is considering spending $1 billion from its sovereign wealth fund on a loan to mining giant Norilsk Nickel for its Arctic Palladium project, the Interfax news agency cited a source as saying.
The Arctic Palladium project is Nornickel’s joint venture with Russian businessman Musa Bazhaev.
Source: reuters.com
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