Board of Directors of Nornickel approved the company's budget for 2024, including capital expenditures of about $3.6 bln. This year's capex will amount to $3.5-3.8 bln. Initial budget included $4.7 bln, but the amount was adjusted due to changes in the implementation schedules of a number of projects. In the first half of 2023, Nornickel's capex amounted to $1.5 bln.