Sale of a 9.33% stake in UWC

10.01.2019 |

ICT Holding Ltd (ICT) has sold a 9.33% stake in United Wagon Company and reduced its shares to 0%.  
ICT now plans to focus on a green field project in mining and processing of rare earth metals - the development of the Tomtor deposit of niobium in far east Russian region Yakutia, which is being carried out by Triarc Mining. TriArc is a joint venture of the ICT and Rostec, where ICT holds the control stake.








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