Norilsk Nickel to become joint holding company

Precious Metals

Reuters Africa reports that Norilsk Nickel (LON:MNOD) will become a joint holding company.

Reuters Africa reports that Norilsk Nickel (LON:MNOD) will become a joint holding company.

The market news is quoted as saying,

Russian tycoon Alisher Usmanov says in an interview that his Metalloinvest steel and mining group and Norilsk Nickel will “sooner or later” become a joint holding company to lead in the global production of nickel, palladium, platinum and iron ore.
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