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China MOU 'a great step forward for us', says Amur's CEO

Amur Minerals Corporation (LON:AMC) has signed a memorandum of understanding (MOU) with China’s largest nickel company Jinchuan.

The MOU relates specifically to engineering, design, procurement and construction activities.

Chief executive Robin Young tells Proactive: ''Jinchuan have a very good relationship with Russia and it presents an opportunity for us to get good quality engineering and from one of the potential markets we anticipate moving our concentrate into.''

''It's a good step forward for us and it's our opening gambit in China as we move forward there'', Young added.

Quick facts: Amur Minerals Corp.

Price: 2.3926 GBX

LSE:AMC
Market: LSE
Market Cap: £23.37 m
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