OREANDA-NEWS. On September 28, 2007 further to its press release dated August 1, 2007, Evraz Group S.A. (LSE: EVR) (“Evraz”) announced that Evraz has executed the option to acquire the remaining Credit Suisse shares in Highveld Steel and Vanadium Corporation (“Highveld”). The consideration paid for the 24,9% stake is US$219 million, reported the press-centre of Evraz Group.

Evraz now owns 80,9% of the entire issued share capital of Highveld.