News

June 29, 2007

“METROPOL” Group of companies hold the presentation for the representatives of the business circles of Republic Korea

Over 80 representatives of the leading mining, trading and financial companies of Republic Korea visited this presentation in Seoul . Director General of IFC METROPOL M.V. Slipenchuk spoke at the presentation. In his speech M. Slipenchuk put the special emphasis on the most perspective directions of the cooperation with the Korean partners: the realization of the lead-raw projects in Eastern Siberia (in particular, the development of deposits of nonferrous metals in Republic Buryatiya); the attracting of the financial structures of Republic Korea to investment in the joint projects. Besides in plans of the Group is the creation in Korea the share funds focused on the investments into the instruments of the Russian share market, and also a joint realization of the building and developing projects, both in Russia, and abroad, in particular, in Montenegro.

According to M.V. Slipenchuk, one of the priority directions of the Group’s activity of for today is the attraction of the direct investments into the mining industry and the creation of the international industrial holdings. In order to realize this strategy MBC Resources company was created. The company possesses the rights to the development of the largest deposits of polymetallic ores in Russia, in Republic Buryatiya and takes in the lead positions in the world on stocks of lead and zinc. According to the consulting company Ronald Berger Strategy Consultants, today the cost of MBC Resources is from 1,5 up to 3,5 billion US dollars.

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