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Kerimov, Uralkali Owners Study Sale of Russia Rare-Earth Company
Sep. 27, 2011 07:50PM PST
Rare Earth InvestingBloomberg reported that Uralkali (LON:URKA) is considering selling its rare earth producer OAO Solikamsk.
Bloomberg reported that Uralkali (LON:URKA) is considering selling its rare earth producer OAO Solikamsk.
The market news is quoted as saying:
Solikamsk Magnesium shareholders have been in discussions to sell it to state-run Rosatom’s uranium-mining unit ARMZ, Solikamsk board member and Uralkali Chief Operating Officer Evgeny Kotlyar said in a Sept. 22 interview in the Perm region.