Russian Power Has Strong Intention To Take Over Chrome Division Of Samancor

摘要

While Samancor of South Africa has planned to sell their Chrome Division, the value of assets in this division to be sold is supposed to be a scale of 600 - 700 million US dollars against 400 million US dollars as estimated by Samancor. This amount to be sold is a scale of a little more than 1/10 in comparison with 5,000 million US dollars, on which Minmetals of China is now negotiating exclusively with Noranda of Canada to take over this Canadian company.