Norilsk Nickel boosts investment programadmin
Norilsk Nickel has boosted its investment program by 50 percent to RUR34bn (approx. USD1.32bn), the company’s General Director Denis Morozov said in the interview for Norilsk Nickel’s corporate magazine. He explained that the company needed heavy investment in its production. Therefore, Morozov said that Norilsk Nickel would hike its ore production from 21m tonnes to 26m tonnes by 2015.
Morozov also pointed out that the program had been approved by the Board of Directors.