December 14, 2024

Nornickel will return to positive free cash flow in 2025, CEO says

However, CEO Vladimir Potanin said the company will not distribute dividends before then.

December 13, 2024

Norilsk Nickel plans to sell all it produces in 2025

The miner reported a 22% fall in first-half profit in August.

December 13, 2024

China leads world in energy transition, Wood Mackenzie says

The world’s second-largest economy leads the energy transition and is on track to source half of its power from low-carbon energy.

December 12, 2024

Mining sector cyberattacks linked to third-party supplier access in 76% of cases – report

Growing challenges cybersecurity leaders faced in 2024 were in safeguarding cyber-physical systems.

December 12, 2024

Ukrainian steelmaker halts operation at coal mine in Donetsk

The site produces around half of Metinvest’s total Ukrainian coal extraction volumes.

December 11, 2024

Satellite data analysis shows copper smelting activity surged in November

Global copper smelting last month reached its highest level since February.

December 10, 2024

Nornickel says sees global nickel surplus of 150,000t in 2024-2025

The company said it expects the palladium market to reach balance in 2025.

December 10, 2024

Polyus says sanctions will double cost of Siberian gold deposit

The cost of developing Sukhoi Log in Siberia has nearly doubled to $6 billion due to Western sanctions.

December 6, 2024

Ukraine’s key coking coal mine still operating as Russians close in

The potential closure of the Pokrovsk mine could cause steel production to slump to 2-3 million metric tons next year.

December 5, 2024

Nornickel’s largest investor Interros objects to Rusal lawsuit over dividends

Rusal first filed the lawsuit in 2022, alleging that Nornickel CEO Vladimir Potanin had violated their shareholder agreement.