News & Features, Nickel, Resource News
Norilsk Nickel envisages $35bn worth of investment to 2025
By Mineweb · October 28, 2011 · 10:14 am · Leave a Comment
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The board of Russian miner Norilsk Nickel has approved a strategy that envisages investing $35 billion in 2011-2025 to expand its resource base and raise output, Norilsk said on Thursday.
“It is expected that by improving efficiency of production operations at the current deposit and initiating new projects in Russia, nickel production will grow by at least 19 percent, copper production by 49 percent and platinum-group metals production by 42 percent by 2025,” a Norilsk statement said.
