Evraz completes acquisition of 73% stake in Strategic Minerals Corporation
August 24, 2006 — Following the receipt of the necessary approvals by the Commission of the European Communities and the South African anti-monopoly authorities, Evraz Group S. A. (LSE: EVR) announces the completion of the acquisition of approximately 73 percent of Strategic Minerals Corporation, for about US$110 million.
Strategic Minerals Corporation, headquartered in Danbury, Connecticut, USA, is one of the world’s leading producers of vanadium alloys and chemicals for the steel, chemical, and titanium industries.
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