Norilsk Nickel to invest 10-15 bln roubles into the Kola GMK before 2018
Edited by Rhod Mackenzie / 2015-03-03 06:35:55
“Norilsk Nickel” is about to invest 10-15 billion roubles into the development of the Kola GMK. The first deputy chief executive, S.Dyachenko said.
The company’s strategy considers the work with only our first-rate assets. They are to comply with the criteria, such as the revenue of over 1 billion dollar, EBITDA profitability of over 40% and a reserves life for a period of more than 20 years.
Besides, Dyachenko said that “Norilsk Nickel” prepares an updated request to Vnesheconombank on project financing of the Bystrinskoye project. They have been amended inclusive of new economic tendencies,” he said on the margins of the Krasnoyarsk Economic Forum.
