Metalloinvest Cyprus Ltd. intends to sell 28.38 million ADR of Norilsk Nickel, or 1.79% of the total stock. These are all Metalloinvest shares in Nornickel. In 2016 Metalloinvest sold 1.4% of Nornickel shares for $341.7 million. (Ukrainian metal)
Nornickel, the world’s largest refined nickel and palladium producer, has released its annual Corporate Social Responsibility (CSR) report, detailing the company’s sustainable performance in 2016. In 2016, Nornickel increased its total spending on environment protection, asset modernization with positive environmental impact and current environmental expenses by 8.9% YoY, to RUB 25.7 billion ($383 million). The…
The methane blast at the Zapolyarny copper and nickel mine of Norilsk Nickel, which killed four miners, will not hurt production plans of the Polar Division of the company, Sergei Gradyushko, a deputy CEO for labor protection and security of the division, reported. “I think that after all the measures are completed, work will be…
Three people were killed as a methane blast rocked the Zapolyarny copper and nickel mine of Norilsk Nickel, the company said in a statement on July 7 citing preliminary data. “According to preliminary data, vapors of methane exploded during construction works. Preliminary data show that three workers died at the site of the blast and…
Nornickel presented its Sulphur Project, the company’s largest environmental initiative that would help address the issue of sulphur dioxide emissions. The event was attended by Sergei Ivanov, Special Presidential Representative for Environmental Protection, Ecology and Transport, Sergei Donskoy, Minister of Natural Resources and Environment, Alexander Neradko, Head of the Federal Air Transport Agency, Elena Bezdenezhnykh,…
BASF and PJSC MMC Norilsk Nickel (Nornickel) announced that they had signed a Memorandum of Understanding and entered exclusive negotiations to cooperate on the supply of raw materials for future battery materials production for lithium-ion batteries in Europe. BASF intends to invest up to 400 million euro in a first step to build industry-leading production…
Chelyabisnk Tractor Works has concluded a contract for delivery of three bulldozers to Norilsk Nickel. The companies have been cooperating for many years, and all the tractors supplied to the metal works are specifically designed for operation in the North. This time ChTZ will supply two B11 tractors and one B10M. At first the tractors…
The Annual General Meeting of shareholders (AGM) of PJSC MMC Norilsk Nickel was held on June 9. The AGM approved the final dividend for the full financial year 2016 in the amount of RUB 446.10 per ordinary share (approximately $7.83 at the RUB/USD exchange rate set by the Russian Central Bank as of April 28,…
