Norilsk Plans $10 Billion Investments by 2018 to Boost Output
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OAO GMK Norilsk Nickel, the world’s largest nickel and palladium producer, plans to invest as much as $10 billion in five years to boost output.
The company will focus on developing assets in Russia, mostly its Arctic projects, while it plans to sell assets in Africa and Australia, it said in a presentation on strategy to investors in London today.