The High Court of London plans to continue hearings of a dispute between UC RUSAL and tycoon Vladimir Potanin’s Interros over a sale of shares in Norilsk Nickel on March 8, a lawyer representing one of the Russian companies reported. Judge Simon Picken said during the February 27 hearing that it would be reasonable for…
The Russian presidential administration is watching the development of a conflict between the shareholders of metals producer Norilsk Nickel, spokesman Dmitry Peskov declared on February 26. “Bearing in mind the size and the importance, the social importance, the economic importance of the company, the Kremlin is of course watching how the management situation is unfolding,”…
Oleg Deripaska intends to become the president of Norilsk Nickel. According to a source, it is because of the Nornickel plans that Deripaska has left the president seat in Rusal and En+. “The experience of cooperating with Vladimir Potanin shows, that only changes in the balance of power could provide for the maximum growth of…
The Kremlin will not interfere in disagreements between shareholders of Norilsk Nickel, but hopes they will not hurt its operations, presidential spokesman Dmitry Peskov declared. Tycoon Vladimir Potanin’s Interros, the owner of 30.3% in Norilsk Nickel, offered to buy a 4.95% stake in the company from Crispian Investments Ltd, affiliated with Roman Abramovich and his…
Vladimir Potanin’s Interros Holding has offered Crispian Investments Ltd, affiliated with Roman Abramovich and his partners, to buy its share in Norilsk Nickel. Interros already has 30.3% in Nornickel. Rusal owns 27.8% and Crispian Investments – 4.95%. The cost of the shares that Interros wants to buy is estimated at 90 billion rubles. (Ukrainian metal)
PJSC MMC Norilsk Nickel, the largest producer of palladium and refined nickel in the world, and LLC Russian Platinum 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…
Norilsk Nickel and Russian Platinum have signed an agreement on strategic partnership, which presupposes the creation by the end of the year of a joint venture to develop three deposits with the possible reserves of 70-100 tons of platinum group metals a year, which will make it one of the largest manufacturers. Each company will…
The Zapolyarny subsidiary of Norilsk Nickel will this year receive 55 units of special mining machinery valued at 1.6 billion rubles. The largest number of machines (17) will be sent to the Komsomolsky mine, 13 units – to Taymyrsky mine, 10 – to Mayak, 7 – to Oktyabrskiy, 6 – to Kayerkanskiy and 2 –…
