Nornickel to boost output of nickel products in Finland for EV battery market

Mining News Pro - Russian metals producer Nornickel said on Tuesday it will boost output of nickel products at its Harjavalta plant in Finland as it bets on the expanding market for battery materials needed for electric vehicles (EV).

Nornickel to minimise 2020 final dividend, considers buyback

Mining News Pro - Nornickel will minimise its final dividend for 2020, the Russian metals producer said on Friday, citing a recommendation from its board of directors.

Nornickel stops water inflows at two Arctic mines

Mining News Pro - Russia’s Nornickel, the world’s largest palladium miner and a significant nickel producer, said on Monday it had stopped water flowing into its two of its Siberian Arctic mines, adding that both were on track to fully resume production in the coming months.

Nornickel to take another week to halt water inflow at Siberia mines

Mining News Pro - Russia’s Norilsk Nickel said on Tuesday it expects it will be another week before it has an idea of when it can restart two waterlogged mines in Siberia.

Nornickel to provide $2b for Norilsk’s development

Mining News Pro - Russia’s Norilsk Nickel, the world’s largest producer of palladium and nickel, announced the launching of a $2 billion program to support the city of Norilsk, located above the Arctic Circle and which hosts the company’s main industrial campus.

Nornickel to sell less palladium, nickel than it produces in 2020

Mining News Pro - Russia’s Norilsk Nickel will sell slightly less nickel and palladium than it produces in 2020 as the Covid-19 pandemic reduced industrial demand, the world’s leading producer of the two metals told Reuters.

Nornickel moves to improve enviro risk management

Mining News Pro - Russia’s Nornickel, the world’s largest producer of palladium and high-grade nickel, has launched an environmental risk management review in order to identify and better manage new climate change risks that are emerging.

Nornickel to double coronavirus spending to almost $280m

Mining News Pro - Russian mining giant Norilsk Nickel on Friday said it would double its spending this year on measures to protect against the coronavirus outbreak to 20-billion roubles ($278.5-million).

Nornickel reports another fuel spill in the Arctic

Mining News Pro - Russian mining company Norilsk Nickel reported that a pipeline belonging to Norilsktransgaz, which is part of the Norilsk Nickel Group, depressurized during the transfer of aviation fuel in the vicinity of ​​the village of Tukhard, located on the Gydanskii tundra.

Nornickel fights cover-up accusations over Arctic oil spill

Mining News Pro - Pressure is mounting on Russian mining company Norilsk Nickel over an Arctic oil spill that has wiped about 17% off its share price, left it with a hefty compensation bill and exposed it to accusations of covering up the full extent of the damage.

Russia halts Nornickel power unit after fuel spill

Mining News Pro - Russia’s safety watchdog on Friday ordered a power unit of mining giant Norilsk Nickel (Nornickel) to suspend operations at six facilities for 90 days for violating safety rules, following a fuel spill in the Arctic.

Fuel spill in Siberia to cost Nornickel over $150 million

Mining News Pro - Clean-up costs for the fuel spill that took place in late May at Nornickel’s Heat and Power Plant № 3 near Norilsk, in north-central Russia, add up to $150 million, according to information released by the company this week.

US offers help with Nornickel’s Arctic fuel spill, Russia thankful

Mining News Pro - Russia’s Vice-minister for Emergencies, Alexandr Chupriyan, expressed gratitude to the countries that have offered to help with the fuel spill in Siberia in which 20,000 tons of diesel leaked from a reservoir owned by MMC Norilsk Nickel PJSC.

Nornickel uses freight flights for exports amid covid-19

Mining News Pro - Norilsk Nickel, the world’s largest palladium producer, said on Thursday it was using air cargo flights to ship supplies of palladium and platinum because most of the passenger flights it usually uses had been suspended.

Nornickel may not sell all output if coronavirus crisis drags

Mining News Pro - Russian nickel and palladium producer Norilsk Nickel (Nornickel) may find it hard to sell all of its output, as it normally can, if the coronavirus crisis persists, the company’s largest shareholder and president told a daily newspaper.

As coronavirus spreads, Rusal puts brakes on Nornickel`s palladium JV

Mining News Pro - Nornickel is the world`s largest producer of palladium, which has been hit hard by the economic fallout from coronavirus. Prices have plunged 45% since February as investors started dumping the precious metal for cash.

Rusal puts brakes on Nornickel’s palladium JV

Mining News Pro - Russia’s Norilsk Nickel said on Friday that Russian Platinum, its partner in an Arctic palladium project, had withdrawn from talks on creating the joint venture due to a lack of approval from Rusal, one of Nornickel’s shareholders.

Nornickel warns of coronavirus risks

Mining News Pro - Norilsk Nickel (Nornickel) said on Wednesday it expected uncertain times ahead in two of its key markets — nickel and copper — as the coronavirus outbreak continues to disrupt both demand and supply.

Nornickel and Trafigura test metal trading using tokens

Mining News Pro - MMC Norilsk Nickel PJSC, the biggest palladium and refined nickel producer, has started testing a platform for digital metal tokens that may eventually account for a fifth of its sales.

Nornickel is said to invite bank pitches for copper-mine IPO

Mining News Pro - MMC Norilsk Nickel PJSC is soliciting pitches from banks to participate in an initial public offering of its Russian copper mine, according to people familiar with the matter.

Nornickel expects bigger palladium supply deficit in 2019

Mining News Pro - Nornickel sees 2019 palladium market deficit at 800,000 oz

INTL NICKEL CONF: Even with EV boom, nickel market supplied through 2021 Nornickel

Mining News - The global nickel market is expected to record a modest 70,000 tone deficit in 2018 on the back of strong stainless steel production growth, Denis Sharypin, Nor nickel head of market intelligence, said at Metal Bulletin’s International Nickel Conference in Toronto (May 31-June 1).

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