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Guinea signs $15b deal for vast iron ore site

CONAKRY — Guinea's ruling junta reached a $15 billion deal with Rio Tinto and an Asian-Guinean consortium to exploit the vast Simandou iron ore deposit in the southeast, public television announced.The three-way deal, signed late Friday, has a 35-year duration for co-development by Anglo-Australian mining giant Rio Tinto and the Singapore-led Winning Consortium.Guinea has
Capitaled Etat Zone Speciale De Conakry Fadi Wazni Shandong Weiqiao Yantai Port Group Rio Tinto Winning Consortium

SPF postpones auction for sale of UMCC to late Dec due to one real bid

The State Property Fund (SPF) has postponed an auction for the sale of the United Mining and Chemical Company (UMCC), which controls Vilnohirsk Mining and Metallurgical Plant (Dnipropetrovsk region) and Irshansk Mining and Processing Plant (Zhytomyr region), approximately for December of the current year.
Dnipropetrovs Ka Oblast United States Zhytomyrs Ka Oblast Taras Yeleiko Property Fund Chemical Company

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Приватизацію ОГХК можуть оскаржити в суді через неправильну оцінку - економіст

Під виглядом продажу Об'єднаної гірничо-хімічної компанії (ОГХК) Фонд держмайна України, по суті, бонусом дарує найбільше в Україні унікальне родовище зі стратегічно важливою сировиною. Таку думку озвучив Тарас Загородній, керуючий партнер "Національної антикризово...
Zhytomyrs Ka Oblast Her Office Fund State Property Ukraine Economist Under View United Mining Taras Extra Urban
Source: gazeta.ua

Ukraine moves closer to large-scale privatization breakthrough

Ukraine moves closer to large-scale privatization breakthrough UkraineAlert by Dmytro Sennychenko Ukraine’s United Mining and Chemical Company is set for privatization in summer 2021 and is attracting international interest. “Good businessmen corrupt bad politicians.” This phrase accurately describes traditional approaches to the management of state-owned property in Ukraine. But things may finally be beginning to change. Of the thousands of state enterpr...
Atlantic Council Property Fund Eurasia Center While The State Property Fund Chemical Company United Mining

Week's balance: Ukraine resumes electricity imports from Russia, hryvnia beefs up, Rada takes another step toward large SOEs' sale

4 min. 647 Ukraine resumed imports of electricity from Russia to compensate for the acute shortage in own energy grid, the hryvnia strengthened amid ongoing talks with the IMF, while the Rada adopted laws formalizing remote work and taking the first step towards large-scale sale of state assets – these are the main economic developments of the first week in February. The...
Odes Ka Oblast United States Ihor Orel Oleksandr Kuzmin Verkhovna Rada Kyrylo Shevchenko
Source: unian.info

Groundless accusations of UMCC on product supply to occupied territories aimed at disrupting company's privatization – State Property Fund

13:20 15.12.2020 Groundless accusations of UMCC on product supply to occupied territories aimed at disrupting companys privatization – State Property Fund 4 min read The State Property Fund of Ukraine evaluates the disinformation campaign about the alleged supply of products of PrJSC United Mining and Chemical Company (UMCC), which manages Vilnohirsk Mining and Metallurgical Plant (Dnipropetrovsk region) and Irshansk Mining and Processing Plant (Zhytomyr region) to...
Zhytomyrs Ka Oblast Czech Republic Dnipropetrovs Ka Oblast Artur Somov Property Fund Economic Security Service

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