Support The Moscow Times!

Norilsk 'Gladdens Investors'

Norilsk Nickel’s first-half earnings report will “gladden investors,” chief executive Vladimir Strzhalkovsky said Friday, following criticism from 25 percent shareholder United Company RusAl.

Russia’s largest mining company exceeded its production targets in the first six months of the year, Strzhalkovsky said on state television, without being more specific.

United Company RusAl nominated three people to become independent directors on the board of Norilsk Nickel, including ousted chairman Alexander Voloshin, RusAl said in a statement Friday. 

(Bloomberg)


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.