"Norilsk Nickel" makes the biggest transaction in the portfolio of the assets as part of a new strategy.

"Norilsk Nickel" and BCL entered into a binding agreement for the sale of the African assets of MMC in favor of BCL. MMC "Norilsk Nickel" and BCL Limited ("BCL") announce the conclusion of binding agreements for the sale of the African assets of the company, including a 50 percent stake in the joint venture Nkomati Nickel and Chrome Mine ("Nkomati") in South Africa, and 85 percent stake in Tati Nickel Mining Company ("Tati Nickel") in Botswana in favor of the BCL. 
The total expected money consideration for the assets paid by BCL in favor of "Norilsk Nickel" will be $ 337 million. Moreover, BCL assumes the current debt and the environmental obligations, as well as for reclamation of each asset in proportion to the acquired entity's interests.