MMC Norilsk Nickel is a Russian nickel and palladium mining and smelting company. Its largest operations are located in the Norilsk–Talnakh area near the Yenisei River, in northern Russia. It also has holdings near the Kola Peninsula at Nikel, Zapolyarny, and Monchegorsk; in western Finland at Harjavalta; in southern Africa in Botswana and South Africa; and in western Australia. MMC stands for "Mining and Metallurgical Company".
Norilsk Nickel is headquartered in Moscow and is the world's leading producer of nickel and palladium. It is ranked among the top ten copper producers.
The company is listed on MICEX-RTS. The key shareholders are Vladimir Potanin's Interros and Oleg Deripaska's Rusal: each reportedly owns over 25% of shares. In December 2010, Norilsk offered to buy out Rusal's share for US$12 billion, but the offer was declined.
Perhaps now they will seek to sell the blocking stake in Norilsk Nickel.
The companies achieved such positions due to the "innovative premium", the difference between the capitalization and the discounted cash flow from the existing business.
The 1.79% stake was sold for $400 million.
This time, the object of litigation was the rights of beneficial ownership of the shares of Norilsk Nickel and Polyus Gold.
Investment group from the United Arab Emirates, close to the family of the Emir of Dubai, is preparing a proposal for the purchase of the BCL from Botswana, which "Norilsk Nickel" is suing for $271 million.
List of most wealthy Russians for the second consecutive year is headed by the co-owner of "Novatek" and "Sibur" Leonid Michelson.
Natalia Potanin, the former wife of the president of Norilsk Nickel Vladimir Potanin, has asked the court to recover 215 billion rubles from her ex-husband as compensation for the shares of KM Invest.
It can buy 50% of the Chelyabinsk coal company.
The buyer is their CIS Natural Resources Fund, the final decision will depend on the Chinese partners.
All costs are compensated by smelting copper and platinum group metals.
Raw materials, which have been kept in the State Fund since 1980, will cost the company 67.5 billion rubles.
Company will isolate its key assets, and is ready to attract partners to the rest of them.
The state bank is ready to buy the Russian Platinum's share in the steel project on the Taimyr Peninsula.
How Mikhail Prokhorov became an American billionaire.
The company regularly dumps its wastes into the Daldykan river and poisons its inhabitants, as evidenced by satellite images of the American NASA.
The company asked to approve the payment of dividends.
Billionaire Musa Bazhaev after buying the Italian resort in Sardinia, decided to get an impressive loan from Sberbank for his Russkaya Platina.
The income of heads of major Russian companies has been growing for the past three years, despite the economic crisis.
The oligarch's brain was replaced by friendship with Valentin Yumashev.
Roman Abramovich and Oleg Deripaska, through Norilsk Nickel, will become co-owners of Rosa Khutor, the largest ski resort in Russia. Norilsk Nickel will invest more than $250 million in its development.
The oil trader Trafigura registered in the Netherlands in 2015, has become the second largest foreign buyer of Rosneft's oil, experts say. The trader is second only to the Chinese partner of the Russian state company, CNPC.
On Friday, lawyer Dmitry Shumkov commited suicide in his apartment in the Federation Tower. In business, he was known as Musa Bazhaev's partner and owner of the Olympic sports complex.
Sergey Yanchukov demands $160 million from the former top manager of Norilsk Nickel.
Police of the south-western region of the country handed over the case on violation of environmental legislation by the plant in Harjavalta to the prosecutor office.
RBC spoke to the Putin's colleague in KGB, the former general director of Norilsk Nickel and the main representative of Russian interests in the Bank of Cyprus Vladimir Strzhalkovsky about the problems of the bank, one third of which is owned by the Russians
Potanin's ex-wife promised to transfer the stake, which will be the subject of legal proceedings, to state control.
Norilsk Nickel, which was in dire straits a few years ago because of the corporate conflict, has made its CEO the leader of the Forbes list.
The combined wealth of 200 richest businessmen of Russia decreased by $73 billion, while the number of billionaires fell to 88 from 111.