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25 May
14:20

Nornickel's European sales drop amid voluntary sanctions, shift to Asia

Nornickel’s total sales of nickel, copper and other products to Europe have decreased in 2022 reflecting “voluntary sanctions” from some traditional partners, Kallanish learns.   According to a recent presentation by company’s vice president Vladimir Zhukov, Europe accounted for 47% of Nornickel’s sales last year, down from 53% in 2021. The executive explained traditional partners have refused to cooperate with the company and …
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