Tag «iron ore deposits»

EVRAZ signs an agreement to sell the iron ore mining asset VGOK

EVRAZ plc (LSE: EVR) (“EVRAZ” or the “Company”) announces that it has signed a binding agreement for the sale of its wholly-owned subsidiary EVRAZ Vysokogorsky Iron Ore Mining and Processing Plant (“VGOK”) to NPRO URAL for US$20 million consideration, calculated on a debt free basis (the “Consideration”) (the “Transaction”). In addition, EVRAZ has agreed to …