Ponder9 Nov 2021 08:50
Source VOX Markets - The Rosgeo JV
The most significant of these has been the joint venture with Rosgeo, the largest geological holding in the Russian Federation operating globally with clients/partners such as BP and British Gas. This is something which one should take time to sink in. We are talking with former minnow Eurasia working alongside one of the major mining entities, and owning 75% of nine PGM and battery metal assets. Clearly, for the naysayers, a company doing business with the Russian state has implied validation and valuation, not only in terms of who it is, but also the assets it owns. As for these additional assets, Vladimir Ivanchenko, the head of geology for Rosgeo North-West region in his recent interview after the JV was concluded this year put forward the number of over $100b in in-situ value.