Norilsk Nickel says settles dispute with Botswana over local assets - Metals & Mining - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Norilsk Nickel says settles dispute with Botswana over local assets

MOSCOW, Nov 18 (PRIME) -- Russian metals giant Norilsk Nickel has settled a dispute with the Botswana government and BotswanaТs BCL Group over the sale of its African assets, Norilsk Nickel said in a statement on Thursday.

УNorilsk Nickel... announces settlement of the dispute with the government of Botswana and BotswanaТs BCL Group in connection with the sale by Norilsk Nickel of its African assets to BCL Group, including a 50% interest in the Nkomati joint venture,Ф the company said.

Under the terms of the settlement, the parties waived their claims against each other, and Norilsk Nickel received the agreed financial compensation.

End

18.11.2021 11:58
 
 
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