GMKN.ME - Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel

MCX - MCX Real Time Price. Currency in RUB
13,115.00
+225.00 (+1.75%)
As of 1:33PM MSK. Market open.
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Previous Close12,890.00
Open12,902.00
Bid13,124.00 x 1500
Ask13,130.00 x 100
Day's Range12,875.00 - 13,174.00
52 Week Range8,824.00 - 13,174.00
Volume84,000
Avg. Volume151,864
Market Cap20.754T
Beta (3Y Monthly)N/A
PE Ratio (TTM)1,012.74
EPS (TTM)N/A
Earnings DateMar 4, 2019 - Mar 8, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est228.97
  • Financial Times3 days ago

    [$$] Norilsk Nickel to invest $12bn in production over next five years

    plans to invest more than $12bn in production development over the next five years in order to boost production volumes, the company’s chief executive officer Vladimir Potanin said Monday. The world’s largest producer of palladium, and one of the leading producers of nickel, platinum and copper, thus signalled a change of strategy from flat output to growth amid stronger global demand for its products. “We are implementing a rather unprecedented investment programme: we are investing more than $12 billion in production development in the next five years,” Mr Potanin told Russia’s President Vladimir Putin in a meeting, according to the Kremlin transcript.

  • Financial Times8 days ago

    [$$] Palladium steals gold’s crown as most valuable precious metal

    Palladium has usurped gold as the most valuable precious metal, underlining its status as one of the year’s best performing commodities. In addition, carmakers in China are preparing to meet new emissions standards starting from next year, known as Euro 6, which will require more palladium to filter out harmful emissions. Palladium is also used in hybrid cars, which use an engine as well as a battery.

  • Reuters2 months ago

    BASF and Nornickel join forces in European EV battery push

    FRANKFURT/MOSCOW (Reuters) - Germany's BASF and Russian miner Norilsk Nickel (Nornickel) have struck a nickel and cobalt supply deal to meet growing demand for electric vehicle (EV) batteries. Underpinned by a new BASF cathode plant in Finland, the agreement could provide fresh impetus to European efforts to create battery cell manufacturing capacity in a market dominated Chinese and Korean producers. Chemicals giant BASF will build a plant to produce cathode materials for batteries in Harjavalta, Finland, adjacent to a nickel and cobalt refinery owned by Nornickel, the world's second-largest nickel miner and a major cobalt producer.

  • BASF and Nornickel join forces in European EV battery push
    Reuters2 months ago

    BASF and Nornickel join forces in European EV battery push

    FRANKFURT/MOSCOW (Reuters) - Germany's BASF (BASFn.DE) and Russian miner Norilsk Nickel (Nornickel)(GMKN.MM) have struck a nickel and cobalt supply deal to meet growing demand for electric vehicle (EV) batteries. Underpinned by a new BASF cathode plant in Finland, the agreement could provide fresh impetus to European efforts to create battery cell manufacturing capacity in a market dominated Chinese and Korean producers. Chemicals giant BASF will build a plant to produce cathode materials for batteries in Harjavalta, Finland, adjacent to a nickel and cobalt refinery owned by Nornickel, the world's second-largest nickel miner and a major cobalt producer.

  • Reuters2 months ago

    BASF and Nornickel join forces in European EV battery push

    FRANKFURT/MOSCOW (Reuters) - Germany's BASF (BASFn.DE) and Russian miner Norilsk Nickel (Nornickel)(GMKN.MM) have struck a nickel and cobalt supply deal to meet growing demand for electric vehicle (EV) batteries. Underpinned by a new BASF cathode plant in Finland, the agreement could provide fresh impetus to European efforts to create battery cell manufacturing capacity in a market dominated Chinese and Korean producers. Chemicals giant BASF will build a plant to produce cathode materials for batteries in Harjavalta, Finland, adjacent to a nickel and cobalt refinery owned by Nornickel, the world's second-largest nickel miner and a major cobalt producer.

  • Reuters2 months ago

    Russian firms test non-dollar deals to sidestep any U.S. sanctions

    Several major Russian companies are exploring ways to do deals abroad without using dollars, spurred on by a U.S. threat to broaden sanctions that have impeded access of some Russian firms to the international banking system. Russian Alrosa, the world's biggest producer of rough diamonds in carat terms, said it had completed a pilot deal with a Chinese client using yuan in the summer and another non-dollar transaction with an Indian client. Other companies working on similar transactions include energy firm Surgutneftegaz, agricultural company Rusagro and miner Norilsk Nickel.

  • Reuters4 months ago

    Electric car bets boosting nickel demand, Nornickel says

    Expectations of a boom in demand for electric vehicles are leading investors and battery makers to stockpile nickel and helping to fuel a spike in global prices of the metal, Russian mining company Norilsk Nickel said on Monday. Nornickel, the world's second-largest nickel producer, said demand for the metal from the battery sector leapt 38 percent in the first half of this year versus the same period last year. Along with demand from the stainless steel sector, this helped boost prices to $15,750 per tonne in June, their highest in over four years, the company said, with the battery sector accounting for 5 percent of total global nickel demand.

  • Reuters4 months ago

    Russia's Nornickel reports core earnings up despite sanctions

    Russia's Norilsk Nickel (Nornickel) posted a 77 percent leap in first-half core earnings, with strong global prices offsetting the impact of U.S. sanctions on the company's co-owner. The results mark the first test of Nornickel's financial health since the United States imposed sanctions in April on aluminium giant Rusal, which holds a 27.8 percent stake in the company. At $3.1 billion, Nornickel's first-half earnings before interest, tax, depreciation and amortisation (EBITDA) beat expectations.

  • Reuters4 months ago

    MEDIA-Kremlin aide says Russian mining firms "need to share" - Vedomosti

    * Kremlin economic aide Andrei Belousov, whose proposal to raise 500 billion roubles ($7.5 billion) a year from metal and mining firms is to be considered by Russian President Vladimir Putin, said the companies "need to share", according to Vedomosti newspaper. * "It is sensible to create a mechanism permitting the extraction from commodities exporters of a part of their additional revenues, which they are receiving as a result of the weakening rouble... and growth of global prices on their products," Vedomosti cited Belousov as saying. * The mechanism is needed in order to share the tax burden fairly, Belousov is quoted as saying.

  • Reuters4 months ago

    Rouble, caught in "perfect storm", sinks to lowest since mid-2016

    The Russian rouble sank to its lowest level since early June 2016 on Friday, battered by concerns over the impact of new U.S. sanctions, falling oil prices and a broadly stronger dollar. "The Russian currency has been caught in a perfect storm of weakening crude oil prices and the new US sanctions, in addition to the threat of even tougher punitive measures in the coming months," said Lilit Gevorgyan, an economist at IHS Markit. The United States announced new measures on Wednesday targeting Russia that pushed the rouble sharply lower and sparked a wider sell-off over fears Russia was locked in a spiral of never-ending sanctions.

  • Reuters6 months ago

    London court backs Deripaska in battle of Russian tycoons

    LONDON/MOSCOW (Reuters) - Russian tycoon Oleg Deripaska got a boost on Wednesday in a long-running battle for control of Norilsk Nickel when a high court judge ruled fellow investor Roman Abramovich did not have the right to sell shares in the miner to a third businessman. Deripaska, who controls aluminium giant Rusal , wants to stop Abramovich from selling Norilsk Nickel (Nornickel) (GMKN.MM) shares to Russian businessman Vladimir Potanin, saying that would violate a 2012 shareholder agreement.

  • Reuters7 months ago

    Russian billionaires take boardroom battle to London High Court

    Russia tycoon Oleg Deripaska gave evidence in the London High Court on Monday in a case challenging the sale of shares in Norilsk Nickel (Nornickel) (GMKN.MM) by soccer club owner Roman Abramovich. Deripaska, making his first public appearance since being made a target of U.S. sanctions, wants to stop Abramovich selling Nornickel shares to another Russian billionaire Vladimir Potanin, saying it violates a 2012 shareholder deal. Deripaska, the co-owner of En+ (ENPLq.L) and Rusal that have also been targeted by U.S. sanctions, told the court he was "quite upset that Rusal's interests could be seriously damaged" when asked about discussions with Potanin.

  • Reuters7 months ago

    Russian billionaires take boardroom battle to London High Court

    Russia tycoon Oleg Deripaska gave evidence in the London High Court on Monday in a case challenging the sale of shares in Norilsk Nickel (Nornickel) (GMKN.MM) by soccer club owner Roman Abramovich. Deripaska, making his first public appearance since being made a target of U.S. sanctions, wants to stop Abramovich selling Nornickel shares to another Russian billionaire Vladimir Potanin, saying it violates a 2012 shareholder deal. Deripaska, the co-owner of En+ (ENPLq.L) and Rusal that have also been targeted by U.S. sanctions, told the court he was "quite upset that Rusal's interests could be seriously damaged" when asked about discussions with Potanin.

  • TheStreet.com8 months ago

    Soaring Nickel Prices Could Be Bad News for Electric Carmakers Like Tesla

    Nickel prices have known just one direction in the last week: up. The massive gains came amid sustained concerns that the nickel market, like the aluminum market, may face a supply shortage if the industry becomes the target of U.S. sanctions against Russia. Traders have expressed concern that Russian nickel producer Norilsk Nickel could soon be included in the sanctions, which have targeted Russian oligarchs and their businesses.