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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Kazakhstan says Rio, Vale, Cameco interested in mines

Posted on 26 June 2009

From Bloomberg: Rio Tinto Group, Vale SA and Cameco Corp. are among companies that expressed interest in setting up joint ventures in Kazakhstan, according to an official at the mining unit of the country’s sovereign wealth fund.

“Every company seeks a unique mine and our task is to find one to bring global miners to Kazakhstan,” Nurlan Zhakupov, a managing director at the Tau-Ken Samruk mining unit, said in an interview by phone from Almaty yesterday……..Full Article: Source


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