trending Market Intelligence /marketintelligence/en/news-insights/trending/by3budgzpwqdtydxkhjfg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Norilsk Nickel to buy copper concentrate from Rostec for 67.5B rubles

Street Talk Episode 51 - Goldman Talks Libor Transition, Recent SOFR Volatility

#ChangePays: Although Still Underrepresented, Women in the C-Suite are Driving Profitability

Cable Nets For Kids Enjoy Wide Carriage On Skinny Bundles


Power Forecast Briefing: Fleet Transformation, Under-Powered Markets, and Green Energy in 2018

Norilsk Nickel to buy copper concentrate from Rostec for 67.5B rubles

PJSC MMC Norilsk Nickel struck a deal to buy copper concentrate from Rostec Corp., with a deal value of about 67.5 billion Russian rubles, payable in multiple tranches over the next four years.

The company on Dec. 27 said it will buy an estimated 1.5 million tonnes in concentrate that will be processed at its own facilities into refined base and precious metals. The volume was already included in the company's metal production guidance for 2017 and 2018.

The transaction passes the internal rate of return hurdle applied to commercial projects, the company noted.

Previously, Norilsk Nickel approved a budget of US$2 billion for 2017, including US$450 million for its Bystrinskoye copper-gold project in Russia.

As of Dec. 27, US$1 was equivalent to 60.74 Russian rubles.