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Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: emaildelivery@businesswire.com X-To: TX-INDUSTRIAL-INFO-RES@businesswire.com X-cc: X-bcc: X-Folder: \PTHOMAS2 (Non-Privileged)\Thomas, Paul D.\Deleted Items X-Origin: Thomas-P X-FileName: PTHOMAS2 (Non-Privileged).pst Welcome to eMail News Delivery, a service from Business Wire. Here is your Industrial Information Resources Inc. news release. If you have received this in error please send a message to: eMailDelivery@businesswire.com with the following command in the body of the message: unsubscribe TX-INDUSTRIAL-INFO-RES If you have questions about this service, please contact your Business Wire Account Executive or service@businesswire.com BW0080 OCT 22,2001 3:32 PACIFIC 06:32 EASTERN ( BW)(TX-INDUSTRIAL-INFO-RES) From Russia With South African and Australian Associates, in an Advisory by Industrialinfo.com Business Editors HOUSTON--(BUSINESS WIRE)--Oct. 22, 2001--The following is an advisory by Industrialinfo.com (Industrial Information Resources, Inc., Houston, Texas). Norilsk, the Russian nickel mining corporation, is taking its first step out of the home territories of the former Soviet Union with its participation in the Nakety nickel project in New Caledonia. The project is at present estimated to be worth in excess of $500 million. Assisting in the generation of the project, which was initiated by the Australian/Canadian company Argosy, is the South African project development and process engineering group Bateman Project Holdings who have worked with both of the other project associates on previous ventures. The relationship with Norilsk could grow for Bateman as the Russians are said to be interested in base metal projects in Africa and South Africa. The South African company has developed technologies and management and marketing techniques to apply to the commercial exploitation of a range of raw mineral mining projects in developing countries. It is currently completing a $160 million gas compressor plant in Turkmenistan, which is being followed by a similar plant in Uzbekistan. Phosphates projects in the Middle East and Peru are also under consideration. In Africa, it has the Skorpion zinc-mine concentrator, refinery and smelter in Namibia, the SA Chrome project in South Africa and diamond, cobalt and copper projects in the Democratic Republic of the Congo as well as the Corridor Sands project in Mozambique. Industrialinfo.com provides daily news related to the industrial market place including industry alerts and databases for the energy and industrial markets. For more information on trends and upcoming construction activities for the Metals & Minerals industry as well as other industrial sectors send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com. --30--AC/na* CONTACT: Industrial Information Resources, Inc. Joseph Govreau, 713/783-5147 www.industrialinfo.com KEYWORD: TEXAS RUSSIA SOUTH AFRICA AUSTRALIA TURKMENISTAN UZBEKISTAN CONGO MOZAMBIQUE NAMIBIA PERU INTERNATIONAL ASIA PACIFIC EUROPE CANADA AFRICA/MIDDLE EAST LATIN AMERICA INDUSTRY KEYWORD: MINING/METALS SOURCE: Industrial Information Resources, Inc. For the best viewing of the news releases please use the following email settings: Courier 10 point. -Notice of Copyright and General Disclaimer- © 2000 Business Wire. All of the releases provided by Business Wire are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire`s members who are solely responsible for their content, accuracy and originality. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission. - Notice of Copyright and General Disclaimer -- © 1999 Business Wire. All of the releases provided by Business Wire are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire`s members who are solely responsible for their content, accuracy and originality. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission.
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