"Norilsk Nickel" to cut its investments.
Edited by Rhod Mackenzie / 2015-10-01 06:20:28
Finance Metals and mining Norilsk Nickel Russia Russia mineral extraction Dividends Financial results Shares Russia Metals and Mining Nickel
"Norilsk Nickel" will cut its investments but retain dividends to shareholders.
MMC "Norilsk Nickel", faced with a serious decrease in prices for nickel, copper and other metals, adjusts the investment and is looking for opportunities to reduce costs. Due to this, in the coming years MMC wants to save more than $ 500 million. But the shareholders of MMC are not planning to change a generous dividend policy with the estimated annual payout of at least $ 2 billion by 2018, according to "the Kommersant".
