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On the Russian link, Solway Mining issues a press release – Global News Network

Solway Mining management wants to clarify recent media reports about its connection to Russian oligarchs.

This information is totally false; to fund its exploration operations in Liberia, Solway Mining Inc. secured debt financing from the Switzerland-based Solway Investment Group. The Solway Group operates mines and smelters in New Caledonia, Guatemala, Ukraine, Macedonia and Indonesia.

The group’s total assets were valued at $1.23 billion in 2020, and it is the world’s largest private nickel producer in an industry dominated by state-owned companies.

The Solway Group is led by Alexander Bronstein, an Estonian citizen currently living in Tallinn, Estonia. Estonia has been a member of NATO since 2004. Bronstein served as vice president of the World Jewish Congress in 2007.

Solway owns the only ferronickel factory in Ukraine (Pobuzhsky), built on a strong and continuous commitment to its social responsibility towards the local community. The over US$200 million plant currently has an annual production capacity of over 22,000 metric tons of nickel and over 1.1 million metric tons of dry laterite ore.

Here in Liberia, Solway Mining Incorporated, registered in Liberia, obtained its exploration license in 2019. Since then, it has employed over 165 people, 99% of whom are Liberians.

Despite the government’s delay in signing its MDA, Solway has shown a keen interest in the communities affected by the project, providing jobs, scholarships to advance children’s education, skills in vegetable production, sewing and other vocational training. A press release issued by the company noted.

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