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14.04.2011 Gunvor to acquire Kolmar LLC


Onexim’s Intergeo sells controlling interest in the enterprise to Gunvor’s structures. The transaction amount may come up to $300 m (at par with the price once paid by Intergeo). Earlier Intergeo negotiated $400-m price with NMDC (India).

Kolmar aggregates several coal assets, including Erel open-pit (450 thousand t of coal annually), Dezhnevskaya mine (under construction), Yakutskiye Ugli — Novyye Tekhnologii (permits for 2 parcels), Neryungriugol’ company in possession of Denisovskaya mine (estimated annual capacity of 750 thousand t). Overall Kolmar’s balanced reserves amount to 400 m t of K-, Zh- and GZh-graded coking coal (according to Russian classification), all assets located in Yakutia.


Source:   metcoal.ru