Kola Peninsula

NORNICKEL APPROVES BUDGET FOR 2023

Retrieved on: 
Sunday, December 18, 2022

Moscow, December 16, 2022 - the Board of Directors of MMC Norilsk Nickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has unanimously approved the budget for 2023.

Key Points: 
  • Moscow, December 16, 2022 - the Board of Directors of MMC Norilsk Nickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has unanimously approved the budget for 2023.
  • The budget is expected to provide the necessary funding for the Company's long-term growth strategy, its key strategic and sustainable development projects, as well as maintain financial stability amid existing geopolitical risks and new challenges.
  • Sergey Malyshev, the Company's Senior Vice President and Chief Financial Officer, commented on Nornickel's approved budget for 2023: “The management team welcomes the Board’s support in such an important decision as the approval of the budget for 2023, which is sure to be a challenging year.
  • Phone: +7 (495) 785 58 00 Phone: +7 (495) 786 83 20

NORNICKEL PROVIDES UPDATE IN RELATION TO LOAN PARTICIPATION NOTES DUE 2025

Retrieved on: 
Thursday, November 3, 2022

1 November 2022 PJSC MMC Norilsk Nickel (Nornickel) has today provided an update regarding the U.S.$500,000,000 2.55 per cent.

Key Points: 
  • 1 November 2022 PJSC MMC Norilsk Nickel (Nornickel) has today provided an update regarding the U.S.$500,000,000 2.55 per cent.
  • Loan Participation Notes due 2025 (the Notes) issued by MMC Finance Designated Activity Company (the Issuer) for the sole purpose of financing a loan to Nornickel, as borrower.
  • As described in Nornickels announcement dated 16 September 2022, the holders of the Notes approved amendments to the Trust Deed, the Conditions and the loan agreement in relation to the Notes dated 9 September 2020 (such loan agreement, as supplemented by a supplemental loan agreement dated 16 September 2022, the Loan Agreement), with amendments becoming effective immediately.
  • As Nornickel has fully complied with its obligations under the Loan Agreement in respect of the 11 September Interest Payment, there has been no Event of Default under the Loan Agreement.

NORNICKEL’S BOARD OF DIRECTORS RECOMMENDS NEW DIRECTORS

Retrieved on: 
Friday, October 28, 2022

Out of 13 nominees to the Board of Directors 6 are independent.

Key Points: 
  • Out of 13 nominees to the Board of Directors 6 are independent.
  • MMC Norilsk Nickel is a diversified mining and metallurgical company, the worlds 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 and other products.
  • MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges, ADRs are accepted for trading on the Saint-Petersburg Stock Exchange.

NORNICKEL REPORTS SUCCESSFUL PLACEMENT OF RUB 25 BN EXCHANGE-TRADED BONDS

Retrieved on: 
Saturday, October 22, 2022

Moscow, October 17, 2022 - Nornickel, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces successful placement of RUB 25 bn exchange-traded bonds (BO-001R-02 series) on the Moscow Exchange on 11 October 2022.

Key Points: 
  • Moscow, October 17, 2022 - Nornickel, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces successful placement of RUB 25 bn exchange-traded bonds (BO-001R-02 series) on the Moscow Exchange on 11 October 2022.
  • The par value of the bonds is RUB 1,000 and the coupon period is 182 days.
  • The placement was done under the framework of the 4-40155-F-001R-02E exchange-traded bond programme.
  • The bonds are included in the Level 2 Quotation List of the Moscow Exchange and are assigned ruAAA credit rating by the RAEX (Expert RA) rating agency.

NORNICKEL CANCELS TREASURY SHARES

Retrieved on: 
Tuesday, October 4, 2022

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • October 4, 2022 Nornickel, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that the 791,227 ordinary shares, which had been bought back from shareholders in June 2021, were cancelled yesterday.
  • MMC Norilsk Nickel is a diversified mining and metallurgical company, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper.
  • MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges, ADRs are accepted for trading on the Saint-Petersburg Stock Exchange.

NORNICKEL’S BOARD OF DIRECTORS DECIDED TO HOLD EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

Retrieved on: 
Wednesday, September 28, 2022

Moscow, September 28, 2022 The Board of Directors of Nornickel, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has decided to hold Extraordinary General Meeting of Shareholders (EGM) on November 24, 2022.

Key Points: 
  • Moscow, September 28, 2022 The Board of Directors of Nornickel, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has decided to hold Extraordinary General Meeting of Shareholders (EGM) on November 24, 2022.
  • The EGM agenda is the election of a new Board of Directors.
  • This announcement contains inside information in accordance with Article 7 of EU Regulation 596/2014 of 16 April 2014.
  • Full name and position of person making the announcement - Vladimir Zhukov, Vice president for investor relations and sustainable development.

MMC Norilsk Nickel: FIRE AT KOLA MMC EXTINGUISHED. NICKEL AND PLATINUM GROUP METALS PRODUCTION UNAFFECTED

Retrieved on: 
Thursday, September 15, 2022

NICKEL AND PLATINUM GROUP METALS PRODUCTION UNAFFECTED

Key Points: 
  • NICKEL AND PLATINUM GROUP METALS PRODUCTION UNAFFECTED
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • NICKEL AND PLATINUM GROUP METALS PRODUCTION UNAFFECTED
    Moscow, September 15, 2022 - PJSC MMC Norilsk Nickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that the fire in the cobalt section of the Kola MMC Nickel Electrowinning Shop-2 has been extinguished.
  • The company's platinum group metals production chain is intact and operating normally.
  • 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.

MMC Norilsk Nickel: FIRE BREAKS OUT IN ELECTROWINNING SHOP AT KOLA DIVISION

Retrieved on: 
Wednesday, September 14, 2022

Moscow, September 14, 2022 - Nornickel, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that fire broke out in the cobalt section of Nickel Electrowinning Shop-2 at the companys Kola Division (Kola MMC).

Key Points: 
  • Moscow, September 14, 2022 - Nornickel, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that fire broke out in the cobalt section of Nickel Electrowinning Shop-2 at the companys Kola Division (Kola MMC).
  • Fire-fighting units of the Kola MMC and Russias Emergency Ministry are on site to extinguish the fire.
  • 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.
  • MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges.

INFORMATION NOTICE FOR HOLDERS OF DEPOSITARY RECEIPTS

Retrieved on: 
Thursday, August 18, 2022

Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.
  • August 18, 2022 Nornickel, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper, informs holders of American depositary receipts representing rights to the Company's shares ("ADRs") that in accordance with the requirements of Part 13 of Article 6 of the Federal Law No.
  • This announcement contains inside information in accordance with Article 7 of EU Regulation 596/2014 of 16 April 2014.
  • Full name and position of person making the announcement - Vladimir Zhukov,
    Vice president for investor relations and sustainable development.

NORNICKEL’S SHAREHOLDERS APPROVED REDUCTION OF THE AUTHORIZED CAPITAL OF THE COMPANY

Retrieved on: 
Thursday, August 11, 2022

August 11, 2022 Nornickel, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that today its shareholders on the Extraordinary General Meeting approved the reduction of the authorized capital of the Company by RUB 791,227 to RUB 152,863,397 by cancelling 791,227 repurchased ordinary shares with par value of RUB 1.

Key Points: 
  • August 11, 2022 Nornickel, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that today its shareholders on the Extraordinary General Meeting approved the reduction of the authorized capital of the Company by RUB 791,227 to RUB 152,863,397 by cancelling 791,227 repurchased ordinary shares with par value of RUB 1.
  • This announcement contains inside information in accordance with Article 7 of EU Regulation 596/2014 of 16 April 2014.
  • MMC Norilsk Nickel is a diversified mining and metallurgical company, the worlds 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 and other products.