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OPK Mining, a Russian coking coal producer, plans to raise $1 billion in an initial public offering next year to develop its mines in Siberia. A stake of at least 25 percent may be sold in Hong Kong or London, Dmitry Sakhno, chief executive officer of OPK's Eniseiskaya Industrial Co. unit, said today in an interview at the St. Petersburg International Economic Forum in Russia. OPK is also considering selling the stake to a single investor, he said.
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