Norilsk will close aging plant in $1.5bn assets restructuring
Norilsk Nickel will shut down its nickel plant in the city of Norilsk by 2016 as part of a $1.5 billion restructuring of downstream assets, the company has announced.
The Russian nickel producer will also upgrade its Talnakh concentrator, expand its Nadezhda smelter and upgrade its Monchegorsk refinery. All four assets are part of the group’s Polar division.
Read more at: http://www.metalbulletin.com/Article/3343900/Base-metals/Norilsk-will-close-aging-plant-in-15bn-assets-restructuring.html
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