Amur Minerals Corporation (“Amur” or the “Company”), the nickel copper exploration and development company focused on base metal projects located in the far east of Russia, is pleased to announce that the Russian Federation has eliminated the export taxes (“ExT”) on intermediate product nickel (5%) and copper (10%). The elimination of the tax opens the door to added operational trade off studies specifically related to the generation of a final saleable nickel and copper product at the Kun-Manie Project. This is the third financial incentive package recently implemented by the Russian government and the Ministry of Economic Development, all of which directly and favourably reduce the cost of recovering nickel and copper.
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