Alrosa sells 51% in Timir iron ore project to Evraz

Russia’s state-owned diamond company Alrosa said its board approved the sale of 51% of its Timir iron-ore unit in Siberia to Evraz Plc (EVR), the steelmaker part-owned by mining billionaire Roman Abramovich.  Alrosa’s directors also agreed to sell one share in...

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