CAPITAL MARKETS

Norilsk in the deep freeze

RUSSIAN behemoth Norilsk Nickel has warned its profits could fall by 75% next year thanks to eroding nickel prices, and news reports out of Russia suggest more Australian mine closures could be on the cards.

Kate Haycock
Norilsk in the deep freeze

Norilsk - which is the world's biggest nickel producer, and third biggest nickel miner in Australia - told media in Moscow overnight profits could drop hugely on the back of the slumping nickel price and...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.