PMK plans IPO in London

Russian Copper Company is planning to hold an initial public offering on the London Stock Exchange. About this newspaper writes Kommersant. It is assumed that the company Igor Altushkina accommodate up to 25% of the shares of 0,9-1,2 billion dollars means that RCC be applied in the IPO, it will direct the implementation of the investment. Note that in the current year, a copper company expects to release 205 thousand tons of the red metal. By 2015, the RCC plans to double capacity. The total size of the investment company for 5 years is estimated at $ 3 billion earlier reported that Ruslan Baisarov became a junior partner of the owner of Russian Copper Company Igor Altushkina: Chechen businessman bought 20% shares of RMK. R. Baisarov bought 20% stake in Russian Cooper Company, the sole owner of PMK. Russian Copper Company was founded in 2004 and currently is the third producer of refined copper in Russia, its share in the Russian market ravna19%, and the world market in copper production is about 1%. The composition of RCC includes 20 mining and metallurgical operating in the territory of the Sverdlovsk, Chelyabinsk, Orenburg and Novgorod regions, Altai Territory, the Republic of Dagestan and Kazakhstan. Ministry of Industry