NORNICKEL: CLEANING UP PROGRESS UPDATE
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MMC Norilsk Nickel (MNOD)
PRESS RELEASE 15 June 2020 Public Joint Stock Company «Mining and Metallurgical Company «NORILSK NICKEL» (PJSC "MMC "Norilsk Nickel", "Nornickel" or the "Company").
Moscow - Nornckel, the world's largest of palladium and high-grade nickel and a major producer of platinum and copper, continues cleaning up to remedy the effects of the recent fuel leak at its Heat and Power Plant -3. Updates are published daily and available at: https://www.nornickel.com/news-and-media/press-releases-and-news/updates-on-the-clean-up-operation-following-diesel-spill-in-norilsk/?type=releases For further information regarding the fuel leak, please see the presentation made for the conference call with investors and analysts on June 9, 2020, found at: https://www.nornickel.com/upload/iblock/e24/norilsk_nickel_hpp3_accident_update_as_of_june_9_final.pdf
ABOUT THE COMPANY MMC Norilsk Nickel is a diversified mining and metallurgical company, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper. The company also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, sulphur and other products. The production units of Norilsk Nickel Group are located at the Norilsk Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia as well as in Finland and South Africa. MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges, ADRs are traded over the counter in the US and on the London, Berlin and Frankfurt Stock Exchanges. Media Relations: Investor Relations: Phone: +7 (495) 785 58 00 Phone: +7 (495) 786 83 20 Email: [email protected] Email: [email protected]
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| ISIN: | US55315J1025 |
| Category Code: | MSCH |
| TIDM: | MNOD |
| Sequence No.: | 69732 |
| EQS News ID: | 1069865 |
| End of Announcement | EQS News Service |
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Norilsk Nickel ADR Stock
The community is currently still undecided about Norilsk Nickel ADR with 1 Buy predictions and 0 Sell predictions.
Based on the current price of 14.96 € the target price of 33 € shows a potential of 120.59% for Norilsk Nickel ADR which would more than double the current price.
