Russia’s Nornickel ups investment forecast by $6 billion over next decade

The extra money is required to upgrade energy infrastructure, the company said.

By Anastasia Lyrchikova, Reuters, Polina Devitt, Reuters November 29, 2021
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MOSCOW — Russia’s Norilsk Nickel said it has raised its 2021-2030 investment estimate by $6 billion to $35 billion to reflect higher construction costs and increased investment in energy infrastructure upgrades.

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