VSMPO-AVISMA ACQUIRES 20 percent STAKE IN KAMSKAYA MINING COMPANY

摘要

MOSCOW. (Interfax) - VSMPO-Avisma has ac quired a 20 percent stake in the OJSC Kamskaya Mining Company joint venture between Silvinit and Oboronim-pex, the company said in a statement on November 9. Fertilizer producer Silvinit and Oboronimpex, a subsidiary of state arms trader Rosoboronexport, formed the joint venture Kamskaya Mining Company in October in order to mine carnallite and prepare raw material for titanium production at VSMPO-Avisma. Silvinit owns 45 percent of the equity in the ioint venture.