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lead, News & Features, Resource News, Zinc

Russia Plans $1 Billion Iranian Mine Project, Kommersant Reports

By · September 20, 2011 · 8:57 am · Leave a Comment

 

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By Henry Meyer

Russian Technologies Corp., a state-run holding company, plans to set up a $1 billion joint- venture with Bank Saderat Iran to develop a lead and zinc mine in Iran, Kommersant reported, without citing anyone.

The project may be complicated by the fact that the Iranian bank is under United Nations sanctions, the Russian newspaper said.

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