Nornickel's Board of Directors approved the company's budget for 2025, including capital expenditures of ₽215 billion. This year's capex will amount to $3-3.2 billion. Given the focus on maintaining financial stability in 2025, the company will adhere to a risk-oriented prioritization of the investment program. In addition, the management expects to sell all...

Alfa-Bank filed a claim against Nornickel in the Moscow Arbitration Court for $77.3 million. Representative of Nornickel explained that Alfa-Bank filed a claim against Nornickel in the Moscow Arbitration Court in order to protect its legitimate interests in accordance with the anti-sanctions regulations in force in Russia, and the existence of this dispute w...

MMC Norilsk Nickel's RAS net profit for 9 months of 2024 amounted to ₽37.85 billion, down 44.4% from ₽68.09 billion in the previous year. Revenue rose 3.6% to ₽644.42 billion against ₽622.02 billion a year earlier.

Nickel production by Norilsk Nickel for 9 months of 2024 increased by 0.3% to 146.2 thousand tons. Copper output increased by 7% to 326.07 thousand tons. Palladium output grew by 1% to 2.2 million ounces. Platinum output decreased by 1% to 521 thousand ounces. Company raised its metal production forecast for 2024: 196-204 thousand tons of nickel, 337-357 tho...