Kola mining and metallurgic complex to save billions

Since the beginning of the year the price of nickel has reduced from $18 to 14 thousand per ton. Analysts expect, average price will make up $15 thousand USD. The budget of Norilsk Nickel was compiled proceeding from $18.8 thousand per ton. The difference is large. Other industrial enterprises are almost in the same position and have to reduce their costs. Each company has its own scenario. Some downman, some look for the opportunity to reduce operational costs, though the logic is the same – keeping the production at breakeven.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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