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NORNICKEL: Nornickel Advances Additional Life-Saving Support to the Population in the Russian Far North

  • Date: 15-05-20
  • Category: NORNICKEL
  • Source: Digital Journal

​In a continuing effort to support local communities where Norilsk Nickel operates, the company extended additional measures that will help tens of thousands of people to get medical help and protection, weather the pandemic and make their ends meet. 

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NORNICKEL: Russia's Nornickel uses freight flights for palladium exports amid coronavirus

  • Date: 14-05-20
  • Category: NORNICKEL
  • Source: Nasdaq

MOSCOW, May 14 (Reuters) - Russia's Norilsk Nickel GMKN.MM, the world's largest palladium producer, said on Thursday it was using air cargo flights to ship supplies of palladium and platinum because most of the passenger flights it usually uses had been suspended.

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NORNICKEL: Nornickel Announces Production Results for Q1 of 2020

  • Date: 05-05-20
  • Category: NORNICKEL
  • Source: Steel Guru

nornickel-coronavirus-covid-91-outbreak_98738.jpg Image Source: themoscowtimes.com PJSC MMC Norilsk Nickel announced preliminary consolidated production results for the first quarter of 2020. Norilsk Nickel Chief Operating Officer Sergey Dyachenko said “In 1Q2020, the Company increased mine output 5% compared to last year. However, the volumes of saleable metals were affected by the pre-commissioning of the new chlorine leaching refining shop at Kola MMC.

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NORNICKEL: Russia's Nornickel draws on credit lines to build cash buffer

  • Date: 30-04-20
  • Category: NORNICKEL
  • Source: Reuters

MOSCOW (Reuters) - Russian mining giant Norilsk Nickel (GMKN.MM) has drawn on some of its credit lines to build a cash position of $5 billion to protect it against market volatility caused by the coronavirus outbreak and ahead of a $1.2 billion dividend payment.

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NORNICKEL: Nornickel Starts Trial of Tokenized Metal Trading Platform

  • Date: 06-12-19
  • Category: NORNICKEL
  • Source: Coin Trust

Russian smelter Nornickel has begun trialing it metal trading platform developed using blockchain technology.

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NORNICKEL: Russia’s Richest Man Starts Testing Sales of Crypto Metal Tokens

  • Date: 05-12-19
  • Category: NORNICKEL
  • Source: Bloomberg

MMC Norilsk Nickel PJSC, the biggest palladium and refined nickel producer, has started testing a platform for digital metal tokens that may eventually account for a fifth of its sales.

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NORNICKEL: Nornickel to Invest Billions in Growth

  • Date: 24-11-19
  • Category: NORNICKEL
  • Source: The Munich Eye

Norilsk Nickel aims to increase its capital investment up to $2.5-2.8 billion next year, which will significantly exceed the expenditures in 2019, which amounted to $1.3-1.5 billion. Company representatives announced this at their presentation on Investors Day in London recently. The company's capital expenditures can reach $3.4 billion in 2021 and may jump as high as $4 billion in 2022-2025, which will double its capital investments growth over the entire period.

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NORNICKEL: Russian smelting giant invests billions in green modernisation

  • Date: 20-11-19
  • Category: NORNICKEL
  • Source: Helsinki Times

Norilsk Nickel, the world's largest producer of nickel and palladium, is closing down obsolete plants, as announced at the company presentation for the Investor Day in London recently. As company representatives explained, this decision is a part of Nornickel's updated environmental strategy.

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