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03 Jan
14:15

Nornickel approves $3.6 billion capex for 2024

Nornickel’s board of directors have earmarked $3.6 billion in capital expenditures for the Russian miner’s 2024 budget, Kallanish reports. The aim is to continue the strategy of moderate growth and sustainable development, encompassing pivotal investment projects with a focus on mining and processing growth, the company explains. Among other things, 2024 will see further replacement of mining equipment within Norilsk Division and…
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