Announcement

Thursday, October 21, 2010

Severstal pays USD 4 million for Liberian iron ore stake

Interfax-Ukraine reported that Severstal has paid the outstanding USD 4.2 million towards its stake in the Putu iron ore project in Liberia with African Aura Mining.

Severstal paid the first installment of USD 4.2 million in December 2008 and had until December 10 this year to pay the

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