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    market news

    Norilsk Board Approves Investment Plan

    Investing News Network
    Dec. 29, 2011 04:55PM PST
    Base Metals Investing

    Reuters Africa reported Norilsk Nickel (LSE:MNOD) has approved a $3 billion plan for development and production at its mines.

    Reuters Africa reported Norilsk Nickel (LSE:MNOD) has approved a $3 billion plan for development and production at its mines.

    As quoted in the market news:

    Norilsk, the world’s biggest nickel and palladium producer, plans to raise nickel output this year to between 300,000 and 315,000 tonnes from 297,329 in 2010.

    Click here to read the full Reuters Africa report.

    market newsnorilsk nickel
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