Nornickel will return to positive free cash flow in 2025, CEO says
Vladimir Potanin – Image: Wikimedia Commons
Russian mining and metals giant Nornickel plans to return to a positive free cash flow in 2025 but will not distribute dividends before then, its CEO and major shareholder Vladimir Potanin said on Saturday.
“Shareholders with dividends will have to be patient for some time,” Potanin told Russian media outfit RBC in an interview.
(By Anastasia Lyrchikova)
Read More: Norilsk Nickel plans to sell all it produces in 2025
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