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Evraz Changes Position on Divestment of Stratcor
09/29/2010 - Evraz SA issues statement on a possible divestment of its US vanadium subsidiary Stratcor Inc.
In response to recent press publications, Evraz Group SA has issued a statement regarding the possible sale of its US vanadium subsidiary Stratcor Inc., which is part of Strategic Minerals Corp.
In the published statement, Evraz announced that it has terminated negotiations regarding the possible divestment of Stratcor.
The company’s decision follows a comprehensive analysis of its strategic options in relation to Stratcor.
