Norilsk Awards Export Deal to Shareholder Trafigura

Base Metals Investing

Bloomberg reports that Norilsk Nickel (LON:MNOD) awarded Trafigura Beheer BV a metals export contract.

Bloomberg reports that Norilsk Nickel (LON:MNOD) awarded Trafigura Beheer BV a metals export contract.

The market news is quoted as saying,

Norilsk, the world’s biggest nickel and palladium producer, sold the stake to the second-largest industrial-metals trader in December after rejecting an offer by Glencore International AG, a rival of Trafigura, to take over the miner’s nickel sales.

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