Russia: ex-agency head to become vice president of Norilsk Nickel

The former head of Russia’s Federal State Property Management Agency Dmitry Pristanskov will return to metals giant Norilsk Nickel as a vice president this week.

Pristanskov used to work at Norilsk Nickel as a director for federal and regional programs from 2014 through 2016. (Prime/Ukrainian metal)

Russia: Nornickel buying machinery for Kola

In 2019 Norilsk Nickel will invest around 2.8 billion rubles in buying new machinery and equipment for Kola Iron and Steel Company.

Nornickel intends to buy 1467 pieces of various machines.

Severniy Mine will see a lot of its outdated machinery replaced, including underground dump trucks, loading machines, self-propelled drilling machines, etc. (Ukrainian metal)

Russia: Nornickel to pay $1.8 billion of dividends for H1 2018

An extraordinary shareholders meeting at Norilsk Nickel decided to pay 776.02 rubles of dividends per ordinary share (some $11.37) for the first half of 2018.

The total amount of funds to be paid as dividends is 122.8 billion rubles (around $1.8 billion). (Ukrainian metal)

Russia: Norilsk Nickel launches $2.5-billion environment protection project

Russian metals producer Norilsk Nickel has launched a $2.5-billion environment protection initiative Sulphur Project at one of the two planned facilities, the company said.

The project was started on the Medny plant and will later be launched at the Nadezhdinsky smelter. (Prime/Ukrainian metal)

Russia: Norilsk Nickel working on ruble settlements with foreigners

Russian metals giant Norilsk Nickel is working on a mechanism of settlements in rubles with foreign clients who are ready for that, a representative of the company reported.

“Some clients of Norilsk Nickel expressed readiness to make settlements in rubles. We are working on this issue with them,” the representative said. (Prime/Ukrainian metal)