off-the-wire

Nornickel boss expects updates on copper JV in China in coming months

Kitco Media
By Reuters
Published:
Updated:
Reuters
Nornickel boss expects updates on copper JV in China in coming months teaser image

Vladimir Potanin, the head of Russian metals and mining giant Nornickel, said on Tuesday that he expects news about a copper-producing joint venture in China in the coming months.

Nornickel is in talks on a joint venture in China, with potential investments included in early financial plans for 2025-2026.

Nornickel’s management proposes not to pay dividends for 2024, Potanin said.

(By Olesya Astakhova, Anastasiya Lyrchikova and Gleb Stolyarov; Editing by Mark Trevelyan)

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