MOSCOW, Feb 11 (Reuters) - Russia's Nornickel GMKN.MM, a major world producer of refined nickel and palladium, said on Tuesday it is in active talks on a joint venture in China.
It did not give further details of the talks.
Two sources with knowledge of the matter told Reuters in December that Nornickel and Chinese conglomerate Xiamen C&D 600153.SS were in talks to create a JV in China to process Nornickel's copper raw material into metal.
(Reporting by Anastasia Lyrchikova; Writing by Anastasia Teterevleva; Editing by Jan Harvey)
((moscow.newsroom@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.