Ferronordic to further expand its Contracting Services operations
Ferronordic has signed agreements with Chernogorskaya Mining Company (“CMC”) to support the development of a new platinum group metal mine site in Russia’s Krasnoyarsk region. Ferronordic will assume the role of general contractor for the project. On current parameters and forecasts, the project will contribute approx. 5-6% of Ferronordic’s revenue in 2019 in Russia/CIS during 2021 and 2022.Ferronordic has signed agreements with CMC, a subsidiary of Russian Platinum, to develop a mine site 15 kilometres southeast of Norilsk in Russia’s Krasnoyarsk region. Ferronordic will assume the role of