Bloomberg the Company

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Norilsk Challenged by Ural Mining in Home Region, Interfax Says

Don't Miss Out —
Follow us on:

March 28 (Bloomberg) -- OAO Norilsk Nickel, Russia’s largest mining company, is competing for a license in the Taimyr region, where it was founded, with billionaire Iskandar Makhmudov’s Ural Mining & Metallurgical Co., Interfax said.

The company, also known as UMMC, will bid against Norilsk for the southern part of the Norilsky-1 copper and nickel field, the Moscow-based newswire reported. The initial payment is set at 4.4 billion rubles ($151 million) and the tender results will be announced June 5, according to Interfax. UMMC overtook Norilsk as Russia’s largest copper producer last year.

To contact the reporter on this story: Ilya Khrennikov in Moscow at

To contact the editor responsible for this story: John Viljoen at