Currently viewing Global edition

Polymetal follows through on rare earths talk

Polymetal is forging ahead with its unconventional exploration strategy, having agreed to pay US$20 million for a stake in a rare earths project in eastern Russia.

Polymetal follows through on rare earths talk Polymetal follows through on rare earths talk Polymetal follows through on rare earths talk Polymetal follows through on rare earths talk Polymetal follows through on rare earths talk

Polymetal is a precious metals producer with assets including the Kyzyl mine in Kazakhstan

The Russia and CIS-focused precious metals company will take a 9.1% stake in the Tomtor niobium and rare earths project in north west Yakutia, the total value of which is estimated at US$259 million.