Hogan Lovells Advises Russian Mining Company on the Sale of a 50% Stake in Yaroslavskaya Gornorudnaya Kompaniya
01 March 2012
MOSCOW, 1 March - Hogan Lovells advised RGRK (Russian Mining Company) on the sale of a 50% stake in a limited liability company "Yaroslavskaya Gornorudnaya Kompaniya", the sole producer and supplier of fluorspar concentrate in Russia, to the Hong Kong listed aluminium and alumina giant UC RUSAL. As a result of the deal, UC RUSAL will strengthen its own resource base as it looks to be self-sufficient in raw materials. The deal, which signed in January 2012, will complete in the week of 13 February.
Hogan Lovells assisted the client on key aspects of the deal, including the share purchase agreement, corporate and personal guarantees and the disclosure letter.
The Hogan Lovells team was led by Georgy Kalashnikov, Moscow corporate partner, assisted by Leonid Ervits (senior associate, corporate) and Konstantin Kontievskiy (associate, corporate).