MMC Norilsk Nickel (MNOD)
19-Apr-2021 / 20:35 MSK
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
PRESS RELEASE
Public Joint Stock Company «Mining and Metallurgical Company «NORILSK NICKEL»(PJSC MMC Norilsk Nickel , Nornickel or the Company )
NORNICKEL ANNOUNCES PRODUCTION RESULTS FOR 1Q 2021
Moscow, April 19, 2021 - Nornickel, the world s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces preliminary consolidated production results for the first quarter of 2021 and presents updated production outlook for the full year 2021.
Eurasia Mining Plc ( Eurasia or the Company ), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that it has appointed Mr. Tamerlan Abdikeev as a non-executive Director of the Company and the head of Eurasia s office in Japan ( Eurasia Japan ). Tamerlan holds a Master s Degree in International Relations and Modern Japanese Studies from Oxford University. Tamerlan has held various positions in financial industry in Asia and Europe. He was in charge of corporate planning at the State Street Bank and business development director at United Investments Japan. In 2005 Tamerlan joined PIMCO, a global investment management firm with more than US$2.21 trillion in assets, as part of the business management function across Asia Pacific (China, Singapore, Australia) and established the company s Hong Kong office in 2006. Later he relocated to PIMCO Europe in Munich, assuming responsibility f
As announced on 26 March 2021, Eurasia entered into a transformational joint venture with Rosgeo (the JV or the Rosgeo JV ), a 100% Russian state-owned company, to gain a 75% equity stake in nine PGM and battery metals assets (four of which are post Russian Feasibility Study with state approved reserves) with a total of 104.6Moz of Platinum equivalent Russian Code reserves and resources in the immediate vicinity of the Company s Monchetundra Project on Kola. The remaining 25% equity stakes will be held by Rosgeo. · greener world (including hydrogen economy, EVs, hydrogen and electric hybrids) driving the demand for PGM and battery metals resulting in more favourable metal prices;
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