Norilsk’s 2014 strategy won’t hurt long-term output: exec

Oct 07, 2013 | 05:39 PM | Rey Mashayekhi

Tags  Norilsk Nickel, nickel production, copper production, platinum group metals, PGM, Sergey Dyachenko, Rey Mashayekhi

NEW YORK — MMC Norilsk Nickel does not expect its revised resource strategy, which emphasizes the company’s Russian operations at the expense of international assets, will affect its nickel output "in the long run," chief operating officer Sergey Dyachenko told AMM during an Oct. 7 investors meeting in New York.

Moscow-based Norilsk announced details of the new strategy Oct. 4 after the company’s board of directors approved the plans last month (amm.com, Oct. 4). The world’s largest producer of nickel and palladium is prioritizing upstream assets within its Polar and Kola divisions, with plans to offload operations in South Africa, Botswana and Australia by 2016.....





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