Official says Norilsk Nickel can hold IPO of Bystrinsky after С20 - 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

Official says Norilsk Nickel can hold IPO of Bystrinsky after С20

MOSCOW, Nov 20 (PRIME) -- Russian metals producer Norilsk Nickel does not rule out holding an initial public offering (IPO) of the Bystrinsky GOK ore-dressing plant project after 2020, CFO Sergei Malyshev told reporters on Wednesday on the sidelines of the Russia Calling! investment forum.

УIPO is one of the market tools for this project. A decision by shareholders whether to hold or not to hold the placement must be made. We also must decide when. Now it is connected with the attainment of the design capacity of this asset to make it more attractive,Ф Malyshev said.

He said that the plant is scheduled to attain the target capacity in 2020.

End

20.11.2019 13:01
 
 
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