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MOSCOW, Oct 1 (Reuters) – Russia’s Norilsk Nickel, the world’s biggest nickel and palladium producer, has lowered its dividend target for 2013-14, its co-owner, aluminium giant Rusal said on Tuesday, as oversupply in its key market hurts prices.

Norilsk, which paid $1.9 billion in dividends for 2012, was expected to pay at least $3 billion for 2013 and 2014 until in September its co-owner Vladimir Potanin warned it would have to change its dividend policy due to falling prices.

http://www.reuters.com/article/2013/10/01/russia-rusal-norilsk-idUSL6N0HR07X20131001