Norilsk Cuts Dependence on Nickel by 2025

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Tue, May 18, 2010
Nickel Company News
Post by Mike Rodger, Nickel Reporter

World’s top nickel and palladium miner, Mining and Metallurgical Company Norilsk Nickel (MMC Norilsk Nickel) plans to sell some of its nickel laterite projects in Australia.  It has also dismissed any value to be gained with debt-laden UC RUSAL (RUAL.PA).

The company plans to reduce its dependence on nickel to 35 percent of revenue by 2025. This move is decided so that it can focus more on high returns from its capital investments and less on production levels.

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  • Anonymous

    http://www.vanadiumsite.com

    Im not sure if you guys know. But vanadium came out on wikileaks as the new fuel of the USAF and their new/old top secret spy planet. These vanadium filled power packs can keep a 12,000 lb aircraft in the stratosphere for over 12 hrs without being seen by radar, and the planes give off no heat signature with the use of these new vanadium redox fuel cells.

    This technology is new to the average public, but have really been around for the past 8 years. The US Air Force has kept the development secret till now which tells me they have something better now. I wonder what that is?

    Regardless, we have another lithium boom coming only with vanadium instead.
    @WideRangeMarket

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