RT Arabic

Business

: (NYC) : (LON) : (MOW)

Rostecnology may join Metalloinvest to develop Udokan copper field

permalink e-mail story to a friend print version

Published 11 July, 2008, 12:07

Russian state corporation Rostecnology will join up with steel maker Metalloinvest to jointly develop the huge Udokan copper field, if Metalloinvest wins the tender for it.

Yahoo StumbleUpon Google Live Technorati

del.icio.us Digg Reddit Mixx Propeller

Mikhailovsky GOK, a major iron ore producer from Russia's Kursk region, and part of Metalloinvest, has already applied to bid for the rights to Udokan. Friday is the last day of the tender. Five more companies have filed bids.

0/5 (0 votes)

rate this story

12:50 Iran begins military exercises to protect nuclear facilities

11:28 Bomb blasts kill seven, wound over 50 in northeast India

11:02 Turkey to lose $2bln from cancelled NPP project tender

10:41 Police free abducted son of Dagestani town mayor

09:41 Turkey offers assistance in Iran nuclear issue

09:41 Iran's nuclear program

08:50 Death toll from flu epidemic in Ukraine rises to 374

08:02 Several Palestinians wounded in Israeli air strikes on Gaza

RT asks

With gold prices hitting all time highs should Russia to be thinking of selling some of its reserves?

vote view answers without voting

Evraz buys into Australian Iron ore producer Russian steelmaker Evraz has bought a 16% stake in Australian iron-ore company Cape Lambert.

Oil price falls wont affect Russian economy Oil prices have fallen sharply for the second straight session, in a sign that markets are becoming more volatile. Experts point to fears of an economic slowdown, especially in the U.S. But while the world’s biggest...

Greater role for the Rouble makes export-import easier President Dmitry Medvedev has continued his predecessor’s promotion of the rouble as a regional currency, with the government continuing to explore the proposal with business representatives.

Western aviation could be doing more Russian production A Western company has bought the first 30 Airbuses converted into cargo planes by Russian aircraft maker Irkut. The announcement came at the Farnborough Airshow in the UK, where experts warn Boeing and Airbus are...

Russian Consumer Prices up 9.1% since the start of the yea Consumer prices have risen 9.1% in Russia since the beginning of the year – that's compared with inflation of 6.3% in the same period in 2007.

Sukhoi lands $600 mln contract Russian plane maker Sukhoi has signed a $600 mln contract to deliver 20 Superjets to a European client.

Five Russian oil companies may face prosecution over jet fuel prices. The Russian Federal Antimonopoly Service has begun investigating Lukoil, Gazprom Neft, TNK BP, Rosneft and Surgutneftegaz for using their dominant position on the market to increase prices for jet fuel and diesel on the...

Russia considering opening up its inland water ways Prime Minister Vladimir Putin has visited the Russian southern city of Rostov-on-Don to see the operation of the new hydrosystem on the Don river. The new shipping lock lets heavier cargo boats to go down the Volgo-Don...

AgustaWestland signs agreement with OPK Oboronprom For the first time a Russian aerospace company is to assemble western helicopters.

Russian shareholders of TNK-BP would like total control A group of Russian billionaires wants to buy the 50 percent of TNK-BP which they don't yet control. That's according to Stan Polovets, chief excutive of Alfa-Access-Renova, who spoke to Bloomberg news agency.

Small business keen on less administrative burden Prime minister Vladimir Putin has called for the state to reduce administrative barriers for small and medium sized firms. He also called for a cut in the price charged for connecting enterprises to the power network...

Imperial Energy shares jump on buyout offer Shares of Imperial Energy closed up 18% after it released a statement about a buyout offer.

Civil aviation is the future for Irkut Aircraft maker Irkut is in talks with Air France and Lufthansa over its MS-21 passenger plane. The company claims it will have a 15% lower operational costs than Airbus’ best-selling A320. Irkut President Oleg Demchenko...

Gazprom expansion moves to Africa and Iran Russian natural gas monopoly Gazprom will develop oil and gas together with Iran’s state oil company. The decision came after Gazprom`s recent offer to buy all of Libya’s spare exportable gas volumes.

New refinery proposal will add to domestic competition The Russian government has proposed an eight BILLION dollar project to build a refinery to supply the internal market. That's goes with a set of measures to cut rising fuel prices on the domestic market.

Russian military aviation potential shown off at Farnborough Over 60 Russian companies are participating in the Farnborough International Airshow in the UK this year with Russia looking to show off its military export potential, but plane makers aren't flying their products.

Metalloinvest and Kazakhmys reported to be in merger talks Kazakhmys is in merger discussions with Metalloinvest, the Russian metals conglomerate controlled by billionaire Alisher Usmanov. That's according to the Financial Times.

Revealed: the man who pays a third of Dagestan’s tax Russian billionaire Suleiman Kerimov paid $100m in taxes last year, according to Interfax news agency.

AAR disappointed at TNK-BP board meeting outcomes The Russian co-owner of Russian-British oil joint venture TNK-BP – the AAR Consortium – has said it was disappointed that BP shareholders rejected the proposals to reform the venture on Friday.

Gazprom ties up with National Iranian Oil Company Gazprom and the National Iranian Oil Company have reached an agreement to set up a joint venture for oil and gas projects in Iran, Russia and third countries.

Russian aviation looking to cash in on Farnborough Russian aircraft maker Sukhoi plans to sign deals for 30 of its new regional passenger jets at the Farnborough International Airshow in Britain this week. Farnborough is a key date on the aviation industry's calendar, an

Business Aviation market looks to the skies Russia’s National Business Aviation Association says the country’s economy loses millions of dollars without developed commercial aviation. Over the past three years Russians business bought about 250 jets for $3...

Independent directors to replace officials at state owned companies Russia's government has approved the names of a group of independent directors set to replace government officials on the boards of state-run companies. The reshuffle will take place at 11 firms including Russian...

Small oil & gas businesses to get tax breaks An improved taxation system and more assistance for independent oil producers are the measures the government is ready to implement to support the oil and gas industry. The plans were announced as Prime Minister...

Sukhoi targets Chinese and Brazilian markets The head of Russian aircraft maker Sukhoi says England’s Farnborough International Airshow this week will see new orders for both its civilian and military planes. In an interview with Business Today, Mikhail Pogosyan...

Russia’s largest bank hires debt collectors Sberbank is about to hire debt collectors for the first time in its history. RT takes a look at how the move could affect Russia’s market in debt recovery.

Fuel prices threaten Russia’s car culture Despite having more oil than almost anybody else, Russians still have to dig deep when paying for fuel at the pumps.

New Board member for TNK-BP elected on Friday Stan Polovets, the chief executive of the AAR consortium which represents Russian shareholders, has won a seat on the TNK-BP board.

Aeroflot calls for duties on jet fuel exports Russia's largest airline, Aeroflot, has called for duties to be imposed on jet fuel exports, in an effort to hold down record prices.

Russia considering Oman’s stake in CPC Russia is considering buying Oman's stake in the Caspian Pipeline Consortium according to Deputy Prime Minister Igor Sechin.

WTO – the elusive dream

Obama and Hu – moving towards

Let’s tax sunshine & marijuana – ideas from NY

“Next EU-Russia summits will take place according to the new rules”

United Russia party should change itself – Russian president

In condoms we trust: can contraceptives cool the planet?

Corruption clouds ability to address economic reform

Prime Ministers put on smiles to fend off new gas dispute

PPP puts toll roads into overdrive

Severstal posts 3Q 2009 Net Profit of $66 million

RusHydro to oversee reconstruction of Boguchansk hydropower plant

Russian car buyers drop gear to go down market

Wal-Mart resignation throws further light on competitive Russian retail market

Remembering Mstislav Rostropovich

The forbidden fruit of political irony in art

A-ha back in Russia to say goodbye

On Air

Skiing chiefs threaten Russian Olympic committee

Rubin claim Russian football crown for second consecutive year

Sarkozy apologizes for Henry’s handball skills

Remember the Large Hadron Collider? It’s alive & kicking!

Cannibals survived brain disease epidemic thanks to a mutation

Fusion power project launch date doubted

My RT-custom sitebar

« previous page

myspace hit counter