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Home / Metal News / Trafigura Eyes Purchase of Private Polyarny Nickel-Paper

Trafigura Eyes Purchase of Private Polyarny Nickel-Paper

Feb 18, 2011 10:28

Feb. 18 -- Commodities trader Trafigura is looking to buy the private Russian nickel miner Polyarny Nickel, Kommersant business daily reported on Thursday.

Polyarny Nickel owns the licences to develop 257,000 tonnes of nickel reserves in Russia's northern Murmansk region.

Trafigura acquired an 8 percent stake in top nickel and palladium producer Norilsk Nickel in December.

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