Polymetal International to divest Russian business for $3.7bn amid strategic shift
Polymetal International plc, a leading mining company, has announced a significant divestment of its Russian business to JSC Mangazeya Plus for a staggering $3.69 billion. This strategic move, requiring shareholder approval, marks a pivotal shift in Polymetal’s focus towards its operations in Kazakhstan and represents a significant step in de-risking the company’s portfolio amid geopolitical […]