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)

Russia: Nornickel allowed to expand Mayak mine

The project to construct underground mine Mayak has been approved by the State expertise service.

The mine will be able to yield 1 million tons of copper-nickel ore per year.

The project provides for underground operation only.

The construction will be financed by Nornickel itself. (Ukrainian metal)

Russia: Nornickel and Russian Platinum sign strategic partnership agreement

PJSC MMC Norilsk Nickel, the largest producer of palladium and refined nickel in the world, and Russian Platinum LLC have signed a framework agreement on strategic partnership. According to the agreement, the parties will establish a joint venture to develop disseminated ore deposits in the Norilsk Industrial District. The JV will be 50%-owned by Nornickel…

Russia: Norilsk Nickel to spend 1 billion rubles on geological survey in 2018

Russian metals giant Norilsk Nickel plans to spend over 1 billion rubles on geological exploration in 2018, Vice President Yelena Bezdenezhnykh said.

“This year investments are 13% higher than in 2017 in terms of geological exploration volumes,” she said. “This is over 1 billion rubles.” (Prime/Ukrainian metal)