Mikhail Borovikov, Director of Nornickel's IR Department, left the company. He had been heading the department since January 2013, i.e. since the end of the corporate conflict at Nornickel between Interros and Rusal and the entry into force of the 10-year shareholders' agreement. Now the Department is headed by Borovikov's deputy Tatyana Dykova. IR line at N...

Agreements with Chinese partners on a copper JV with Nornickel are possible in the coming months, said the company's head Vladimir Potanin. “It is too early to talk about it now, work is underway. We have received support from the government on the concept of our strategic development, including interaction with Chinese partners. We are working, we will see...

Kolskaya MMC will commission a new cobalt production facility this year to replace the one that was damaged by a fire in 2022. New facility is planned to produce 3 thousand tons of cobalt per year. Before the fire, the cobalt production capacity was 2.5 thousand tons. After the fire, Nornickel started extraction of cobalt from concentrate, which allowed to p...

MMC Nornickel is in the active phase of negotiations on the establishment of a joint copper production facility in China, said the company's First Vice President Sergey Malyshev. Company has already set aside funds for the project realization in its financial models for 2025-2026. However, the previously announced capex of $2.1 billion in 2025 does not inclu...