Investor Protection Mechanisms (Contributing Partners):

1. Limited Financial Liability
Contributing partners bear risk only up to the amount of their contribution to the joint venture. They are not personally liable for the partnership's general obligations with their own assets — unlike managing partners.

2. Statutory Right to Information
Every investor has a legally guaranteed right to access any documentation relating to the management of joint affairs. The managing partner is obliged to provide regular reports. This right cannot be fully waived or restricted by the partnership agreement.

3. Segregation of Investment Funds
Investor funds are held in a dedicated bank account of the investment partnership, strictly separated from the personal assets of the managing partner and those of other participants. This account cannot be seized to satisfy the managing partner's personal debts.

4. Protection Against Unauthorised Changes in Membership
Parties may block any unwanted transfer of partnership interests. Under law, a full assignment of rights and obligations to a third party requires the unanimous consent of all partners, unless an alternative procedure has been established in advance in the agreement.

5. Mandatory Notarial Certification
The partnership agreement itself, any amendments to it, and accession agreements for new participants are all subject to notarial certification. The notary verifies the legality of the transaction, and the Federal Notarial Chamber maintains a public register of such agreements, providing protection against fraud and falsification.

6. Transaction Oversight (Investment Committee)
Major transactions are subject to review by the Investment Committee. Through this mechanism, contributing partners obtain the right to approve or veto significant investment transactions planned by the managing partner.

7. Guaranteed Minimum Return
A guaranteed minimum income is payable to investors regardless of the financial or operational performance of the Consortium.

Dear colleagues,

Our Consortium is open for partnership. We welcome Russian and international producers of industrial waste, metallurgical enterprises, and manufacturers of metallurgical furnaces to join us.
If your business is burdened by environmental levies, generates waste you cannot dispose of, faces raw material shortages, struggles with high production costs, limited sales channels, or uncompetitive pricing — we invite you to resolve all of these challenges by participating in a high-yield, environmentally responsible industrial waste processing project.
Our Consortium will relieve you of your waste while helping you generate revenue from it. We will supply metallurgical enterprises with raw materials and sales channels, train personnel, and provide full engineering support for the launch of new production facilities. For manufacturers of metallurgical furnaces, we offer large-scale orders to support business growth.

The volumes of existing raw materials — nickel and copper-nickel production waste — run into hundreds of millions of tonnes and continue to grow year on year. The time has come to unite our capabilities, assets, human capital, and expertise to develop and strengthen our shared business.

Globally, confirmed nickel ore reserves stand at approximately 135 million tonnes. At current demand and extraction rates, these reserves will be exhausted in roughly 67 years. In the coming decades, a technological shift is therefore inevitable — from primary ore extraction to the secondary processing of existing waste, which is measured in billions of tonnes on a planetary scale.

In this new era, the companies that will lead the market are those that have already developed and successfully deployed industrial secondary raw material processing.

Join the Consortium — and take your step into the future today

Dear colleagues,
The Russian Ferroalloys Consortium invites you to participate in a unique, high-yield industrial nickel waste processing project — with an operational facility and verified financial performance.
If you are looking for a project backed by a real, functioning asset, transparent economics, and a clear exit horizon — this is precisely what we offer. Our plant in Beloretsk (Bashkortostan) is already operational, GOST R ISO 9001-2015 certification has been obtained, and a long-term raw material supply agreement with PJSC Norilsk Nickel has been signed. You are not entering a start-up — you are joining an established business at the scaling stage.
We process Norilsk Nickel's waste using a proprietary pyrometallurgical technology with no direct analogues in Russia. The output comprises ferroalloys, platinum group metals, and non-ferrous metals, sold at LME and LBMA prices. The raw material base exceeds 200 million tonnes of accumulated waste, with volumes growing year on year — ensuring long-term production capacity utilisation.
Key financial metrics: Year 1 revenue — RUB 1,238M (~$15.5M); profit from Year 2 — RUB 1,008M; ROI — 438%; payback period from launch — 10 months. By Year 5, revenue grows to RUB 3,700M and profit to RUB 3,000M. Total upfront capital investment is RUB 230M.
Investment structures available include: an investment partnership agreement under FL-335, a loan at 30–40% per annum, or a phased entry in three tranches from RUB 90M. Exit strategies cover a broad range of scenarios: founder buyout at 2× the invested amount; sale to a strategic investor (MMK, Evraz, UMMC, RMK) at a valuation of 3–6× EBITDA; stake resale; or IPO on the Moscow Exchange upon scaling to 3–5 plants, with a potential return multiplier of 10–20×.
Global nickel ore reserves will be exhausted in approximately 67 years, and the industry's inevitable shift towards secondary raw material processing is already underway. Companies that secure this niche first will hold an unassailable competitive advantage.
The Russian Ferroalloys Consortium is Russia's first and only industrial nickel waste processor of this scale.
We invite you to become part of this project and to realise its substantial growth potential together.