Deripaska gave up procurement of RTB "Bor" - no application to be submitted after invitation for strategic partnership with the state

(Oleg Deripaska)

Russian company "Basic Element", owned by Oleg Deripaska, is not going to answer the invitation for strategic partnership with the state in Mining Smelter Basin (RTB) "Bor".

- "Basic Element" is not going to answer the invitation - said the PR Manager in the Resource Sector in "Basic Element", Jelena Rolins. According to her words, such decision of the Russian company, of which daughter-company SMR was the second-ranked bidder on the second tender for privatization of RTB "Bor", has nothing to do with the tender terms.

- We have already participated twice in the tenders for sale of RTB "Bor" and we have now made this decision - said Ms Rolins.

Serbia Zijin Copper doo Bor

Basic Element

Oleg Deripaska

Jelena Rolins

SMR