Metalloinvest, Russia Metals and Mining

Metalloinvest to allocate 14.2 bln rubles to pay dividends for 2016

The holding company Metalloinvest will pay dividends for 2016 at the rate of 18.94 kopecks per one ordinary share on account of its net profit for 2016 and retained earnings of the previous years,

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Net profit of Metalloinvest grew by 5.3 times to $1.15 bln in 2016

Metalloinvest in 2016 showed the growth of the net profit by 5.3 times to $1.15 bln. The revenue fell by 3% to $4.26 bln, is said in the company’s report under IAS.

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Norilsk Nickel is ready to discuss participation in the development of Udokan.

MMC Norilsk Nickel was ready to consider a proposal to participate in the development of the Udokan copper ore deposit, but such an offer had not yet been received, the general director and the mai

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Metalloinvest denies negotiations on supply of iron ore to the Donetsk and Lugansk People’s Republics

Metalloinvest doesn’t negotiate on the supply of iron ore in the Donetsk and Lugansk People’s Republics, the company’s representative reports.

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The Cabinet of Ministers asks: Russian metallurgists to help Donbass.

Metalloinvest and Severstal plan ore supplies into DPR and LPR.

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Metalloinvest ended 2016 with high financial results

Metalloinvest has published its financial results under RAS for 2016.

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S&P increased Metalloinvest’s rating to stable

S&P has reconsidered the forecast of Metalloinvest’s rating from negative to stable. Simultaneously the long-term rating at BB level was confirmed.

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In 2016, Metalloinvest increased production of iron ore by 3.1%

In 2016, Metalloinvest increased the production of iron ore compared to 2015 by 3.1% to 40.7 million tons, the holding company reports.

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Metalloinvest produced the 50-millionth ton of sort rolled products

The sort-rolling shop #1 of the Oskol electric metallurgical plant (in the structure of Metalloinvest) produced the 50-millionth ton of hot rolled products from the moment of putting the shop into

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First stage of Udocan to cost by $1.6 bln more to A. Usmanov

Metalorg.ru reports referring to Vedomosti that the total investment volume into the development of the 3rd largest copper deposit Udocan in the world will make up 238 bln roubles ($3.7

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