Russia-China plant operations begin
Russian mining giant Norilsk Nickel said on Tuesday that it has begun commissioning its joint-venture processing plant with a Chinese partner in Bystrinsky, a district near Russia’s far eastern border with China. Highland Fund, a consortium of Chinese investment funds and corporations, has a 13.3 percent stake in the project. The plant will process ore from the Bystrinsky goldiron-copper deposit, one of the 10 largest copper deposits in the world, to produce copper, gold and magnetite concentrates. Full-scale operation is expected to start by mid-2018, a Norilsk statement said. Design capacity will be reached by the end of 2019.