Norilsk Plans to Increase Australian, South African Nickel Production
Bloomberg reported Norilsk Nickel (LSE:MNOD) wants to curb its dependence on Russia for nickel and is expanding its production in South Africa and Australia.
Articles Tagged "norilsk nickel"
Lower Demand Encouragers Nickel Producers to Cut Back
Reuters Africa reported producers of nickel, aluminum and zinc are cutting back on lessened demand.
Norilsk Makes No Offer to Buyback Rusal
Bloomberg reported Russian's Norilsk Nickel (RX:GMKN,LSE:MNOD) rose for the first time in three days after it announced it will not offer to buyback Rusal (RX:RUALR).
Russia Equity Movers: Norilsk Nickel Loses 1.4%
Bloomberg reported Russia's Micex Index saw unusual trading on Monday.
Norilsk Board Approves Investment Plan
Reuters Africa reported Norilsk Nickel (LSE:MNOD) has approved a $3 billion plan for development and production at its mines.
Russia Stocks Drop on Worst Week
Bloomberg reported Russian stocks dropped sharply this week creating the worst week in three months for trading on the Micex Index.
Russian Borrowers Seeking $3 Billion of Loans as Banks Retrench
Bloomberg reported OAO GMK Norilsk Nickel (LSE:MNOD,MCX:GMKN) and OAO Gazprom (MCX:GAZP) are seeking about $3 billion of loans.
Nickel Market to Improve in 2012
The price of nickel has fallen to $18,595 per tonne on surplus and the increased use of nickel-pig-iron in China. Analysts, however, are optimistic that low prices will encourage China's nickel consumption and lead to a stabilized 2012 nickel market.
Norilsk Nickel, Inter RAO, Gazprom: Russian Equities Preview
Bloomberg reported some Russian stocks saw unusual trading as the Micex Index rose 2.2 percent, and the RTS Index gained 2.8 percent.
Russia Norilsk Plans $35 Bln in Investments to 2025
Reuters reported Norilsk Nickel (MCX:GMKN,AIM:MNOD) will invest $35 billion in 2011-2025 to expand its resource base and raise output.
