Russia’s Norilsk Nickel will sell slightly less nickel and palladium than it produces in 2020 as the Covid-19 pandemic reduced industrial demand, the world’s leading producer of the two metals told Reuters. Demand has risen in some sectors since a slump caused by the first wave of the pandemic early this year, but is unlikely to reach its ... Nornickel to sell less palladium, nickel than it produces in 2020 – head of sales
MINEX Forum | December 3, 2020
Russia’s Norilsk Nickel will sell slightly less nickel and palladium than it produces in 2020 as the Covid-19 pandemic reduced industrial demand, the world’s leading producer of the two metals told Reuters. Demand has risen in some sectors since a slump caused by the first wave of the pandemic early this year, but is unlikely to reach its ... 
The board of Russia’s Norilsk Nickel on Tuesday recommended a nine-month dividend of 98.64 billion roubles ($1.24 billion), at 623.35 roubles per share, down sharply fall from 2019. The company’s biggest shareholder Vladimir Potanin told Reuters last week that Norilsk Nickel should keep its dividends to a minimum this year, as it contends with the coronavirus crisis ... 
Russian billionaire Roman Abramovich sold $551 million worth of shares in mining giant Norilsk Nickel on Tuesday during an accelerated bookbuilding deal (ABB), the deal’s arranger VTB Capital said. The shares, accounting for a 1.7 percent stake in the world’s largest palladium producer, were bought predominantly by British-based investors, with Russian investors also buying a ... 
* Nornickel sees 2019 palladium market deficit at 800,000 oz * Sees 2019 global palladium consumption up by 500,000 oz * Reports 2018 EBITDA of $6.2 bln, highest level since 2011 Norilsk Nickel, the world’s largest palladium producer, said on Tuesday tighter emissions regulations in all major markets and flattish primary supply would widen a ... 
Palladium surged above $1,500 an ounce to a record, extending a powerful rally that’s been driven by an acute shortage of supply as car manufacturers scramble to get hold of the material to meet stringent emissions controls. The advance will benefit top suppliers in Russia and South Africa. Spot palladium surged as much as 1.7 ... 
Russian nickel producer Norilsk Nickel on Tuesday said it would continue with the litigation against the Botswana government over the Nkomati and Tati facilities to recover around $277-million it says is owed to it by State-owned BCL. Norilsk alleges that BCL failed to make a payment under an October 2014 share purchase agreement and was, ... 
Russia’s Norilsk Nickel (Nornickel) has cut the 2018 production forecast for its new Bystrinsky copper project near the Chinese border due to a problem with equipment which it hopes to fix in the second quarter, it said on Thursday. Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal, said its 2018 output forecast ... 
Sanctions fever has spread to nickel. With Russian aluminium producer Rusal imploding in the wake of U.S. sanctions against its oligarch owner Oleg Deripaska, attention is now turning to the status of another Russian industrial powerhouse, Norilsk Nickel. Deripaska is a 27.8 percent shareholder in Norilsk, while the oligarch behind the world’s number two nickel ... 
The Norilsk Nickel Company plans to make an unmanned aerial vehicle, which could move independently inside mines, the company’s representative Levon Kirakosyan told reporters at during an IT show. “We have tried using a drone under the ground without GPS communication, we have recorded test videos, and now we understand certain aspects of controlling a ... 
Russian tycoon Oleg Deripaska, who for years wanted to obtain control over Norilsk Nickel, may become a board member of the company, Kommersant daily says, citing sources familiar with the matter. Deripaska’s Rusal aluminium producer owns a 27.8 percent stake in Norilsk Nickel, Russia’s mining giant. Norilsk’s board to consider new board members on April ... 
The Severny mine, the main supplier of raw material to the Kola MMC (part of Norilsk Nickel), will be developed until 2060, the Kola MMC’s Deputy Director General Konstantin Nesterov told TASS. “The company’s plans focus on – further development of the southern underground section and opening of the next horizon – 740 meters,” he ... 
PJSC MMC Norilsk Nickel, the largest refined nickel and palladium producer in the world, reports IFRS financial results for six months ended June 30, 2017. 1H2017 HIGHLIGHTS Consolidated revenue increased 11% y-o-y to USD 4.2 billion primarily owing to higher realized metal prices; EBITDA was down 3% y-o-y to USD 1.7 billion primarily owing to ...