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"Norilsk Nickel" plans to accelerate the implementation of certain projects

According to Vladimir Potanin, the general director of «Norilsk Nickel» and its largest shareholder, the company plans to accelerate the implementation of certain mining projects. Such a move justified by the desire to «Norilsk Nickel» to ensure their own enrichment capacities necessary raw materials after 2020. Today, the markets for the financing of «Norilsk nickel» are open. Not expected nor decrease in dividends or cut investment program. Already confirmed plans regarding the investments intended for the reconfiguration of production, where the term is defined until 2018. In 2016, the investment program of «Norilsk nickel» provides for implementation of 9-mining projects. According to Vladimir Potanin, indicated the strategy is the most important.

Also the head of the company believes that in order to increase output and improve its quality required reconfiguration of the downstream. Features upstream thus will lag behind. In particular this applies to projects for the licenses are present, affects the growth of capacity after 2020 and improvement of mining calendar. Earlier Pavel Fedorov, who is deputy director of the company, reported the intention of «Norilsk nickel» to present investors with a new strategy in May this year. It was planned to highlight issues in the mining business: plans, mountain calendars, expansion and other bottlenecks.

Today, «Norilsk Nickel» is actively implementing a project aimed at building Bystrinsky GOK in the Trans-Baikal Territory. The estimated annual production capacity of the enterprise — 10 million tons of ore… The main consumer of copper concentrate is likely to become the Chinese manufacturers. Last year, the company presented a project in China to industry «China Mining Congress and Expo 2014» exhibition. This project continues to raise the interest of Chinese investors. At the same time Vladimir Potanin, noting interest from China, said that the company does not make sense in a hasty attracting third-party partners.

Among other things, the company is considering the possibility of project financing, specifying them with the Russian state-owned banks. According to Vladimir Potanin in project financing in addition to Vnesheconombank is interested a number of other companies. «Norilsk Nickel» carries out development in this direction.

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