Sanctioned Russian mining project in the Arctic is linked to Kazakh billionaires and the family of Deputy PM Yury Trutnev, Arctida reports
Despite U.S. sanctions, Russia’s largest investment project in the Arctic, the Baimskoye deposit in Chukotka, turns out to be linked to Kazakh billionaires, according to a report by the independent outlet Arctida . The publication traced how ownership of the mining and processing plant, valued at more than 1 trillion rubles ($12.5 billion), has changed in recent years.