Russia’s Nornickel no longer needs shareholder agreement, says co-owner
Vladimir Potanin, the company's largest shareholder, said deal over dividend payouts has run its course. The move comes as Nornickel is responding to fallout from a massive Arctic fuel spill.
August 10, 2020
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MOSCOW — An eight-year-old shareholder agreement signed by Russian mining giant Norilsk Nickel’s major owners has become a relic of the past which the $44 billion miner does not need, Vladimir Potanin, its largest shareholder, told Reuters.
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