【SMM Nickel Market Flash】Putin Meets with Nornickel CEO; Potanin Reports Stable Production Amid Sanctions, Vows to Double Sulphur Recycling

Published: Oct 16, 2025 13:31

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【SMM Nickel Market Flash】Russian President Vladimir Putin held a working meeting with Norilsk Nickel CEO Vladimir Potanin on October 14. Potanin stated that despite challenging conditions, including sanctions pressure and the need to find new markets, Nornickel has maintained stable production volumes and its leading global position in nickel and platinum group metals. On the environmental front, Potanin reported that the company has already reduced harmful emissions by over 20% and will double its sulphur dioxide recycling capacity by the end of 2025, with the goal of making Norilsk a "truly clean city." Potanin also acknowledged the company's vulnerability to sanctions and thanked the government for its political support.

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