Russia may scrap nickel, copper export duty in 2014
Dec 3 (Reuters) – Russia may scrap a 5 percent export duty on nickel and copper in 2014, two years earlier than planned, to support indebted metals and mining companies struggling with weak prices, business daily Vedomosti reported on Tuesday.
The move, which will benefit Russian mining giant Norilsk Nickel, the world’s biggest nickel producer, is one of 13 measures that Vedomosti said Russian Prime Minister Dmitry Medvedev would order his ministries to work up by Dec. 23.
Read more at: http://in.reuters.com/article/2013/12/03/russia-metals-idINL5N0JI0TF20131203
