Nornickel will return to positive free cash flow in 2025, CEO says

  • Tuesday, December 17, 2024
  • Source:ferro-alloys.com

  • Keywords:nickel, ore, refined nickel, steel, ferronickel, electrolytic nickel
[Fellow]Russian mining and metals giant Nornickel plans to return to a positive free cash flow in 2025 but will not distribute dividends before then, its CEO and major shareholder Vladimir Potanin said on Saturday.

[Ferro-Alloys.com] 

Nornickel will return to positive free cash flow in 2025, CEO says

Russian mining and metals giant Nornickel plans to return to a positive free cash flow in 2025 but will not distribute dividends before then, its CEO and major shareholder Vladimir Potanin said on Saturday.
 
“Shareholders with dividends will have to be patient for some time,” Potanin told Russian media outfit RBC in an interview.
 

 

 

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