Sberbanks $8.8m Dalpolimetall loan eyed | Volga, Finance, business

Far East | Finance, business | Industry, manufacturing

Sberbankís $8.8m Dalpolimetall loan eyed

20 Apr '09
Ore mining and processing company Dalpolimetall in the Far Eastís Primorsky Region reportedly expects to get an $8.8m Sberbank loan.

The first half of the loan is reportedly expected in a near future.

The company intends to use the funds to restart production in May, the report said.

In November 2008 Dalpolimetall suspended operations following a sharp drop in market demand for zinc and lead concentrate.