Skopski Leguri will invest in manganese and nickel ore projects


Skopski Leguri is looking for investment opportunities in manganese and nickel ore projects, Igor Frunze, chairman of the company’s supervisory board told Metal Bulletin.

The manganese alloys producer, based in Macedonia, is considering both new and developed projects. It could use its existing cash to finance the deal or it could raise funds; that decision will be made once a project has been selected, according to Frunze. “We have been looking for manganese and nickel-ore mine deposits for quite a long time and we are considering different projects. It has to be good value for money,” Frunze told Metal Bulletin. “It can be an existing, developed mine, for example if the owner wants to sell, or it could be a project that is not developed at all,” he said. The company intends to send manganese ore mined at the project to its...