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Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel (NILSY)

Other OTC - Other OTC Delayed price. Currency in USD
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29.56+0.67 (+2.32%)
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  • j
    jonathan
    - Anybody out there able to decipher this?
    - What is the dividend payable in US$ on the ADR (SP about $29 today)?
    - Is it paid to shareholders of record on 2022-Jan-14?

    The Board of Directors has recommended for the EGM approval an interim dividend for the nine months of 2021 in the amount of RUB 1,523.17 per ordinary share (approximately USD 20.93 at the RUB/USD exchange rate the Bank of Russia as of November 22, 2021), totaling RUB 232.84 bn (approximately USD 3.2 bn). The Board of Directors has proposed to set the dividend record date (the list of shareholders entitled to the dividend) on January 14, 2022.
  • b
    blackoutbuzz
    Here it is. DIvidend announced.

    @@@Moscow, November 22, 2021 — The Board of Directors of Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has set the Extraordinary General Meeting of shareholders (EGM) date on December 27, 2021 and the EGM record date (the list of shareholders eligible to vote) on December 3, 2021. The Board of Directors has recommended for the EGM approval an interim dividend for the nine months of 2021 in the amount of RUB 1,523.17 per ordinary share (approximately USD 20.93 at the RUB/USD exchange rate the Bank of Russia as of November 22, 2021), totaling RUB 232.84 bn (approximately USD 3.2 bn). The Board of Directors has proposed to set the dividend record date (the list of shareholders entitled to the dividend) on January 14, 2022.

    https://www.nornickel.com/news-and-media/press-releases-and-news/nornickel-board-of-directors-recommends-interim-dividend-for-9m-2021/
  • C
    C
    hey guys
  • b
    blackoutbuzz
    Will NILSY issue a 6mo dividend this year or wait until 9mo (or both)? Stay tuned for news this month.
  • b
    blackoutbuzz
    Meeting by management scheduled for March 9 so there should be an announcement soon on corrective actions and revised FY20 production. Be prepared to buy if you're not already in or add to increase your positions. Maybe $25?

    @@@Moscow, March 3, 2021 — Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces the update on the progress of its efforts to restore normal operations at a number of production facilities in the Norilsk Division as well as to improve their industrial safety. At the end of February, the company suspended operations at Oktyabrsky and Taimyrsky mines due to flooding from natural groundwater. On March 9, Nornickel’s Management’s board will consider the timeline for the full restoration of operations at both mines, as well as estimate an impact on production guidance.

    https://www.nornickel.com/news-and-media/press-releases-and-news/nornickel-will-set-a-timeline-to-restore-operations-at-mines-and-norilsk-concentrator/
    Moscow, March 3, 2021 — Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces the update on the...
    Moscow, March 3, 2021 — Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces the update on the...
    www.nornickel.com
  • b
    blackoutbuzz
    FY2020 earnings results are out.

    @@@Consolidated revenue increased 15% y-o-y to USD 15.5 billion owing to higher prices of palladium and rhodium as well as the scheduled ramp-up of Bystrinsky project; EBITDA decreased 3% y-o-y to USD 7.7 billion due to the USD 2 billion environmental provision...CAPEX increased 33% y-o-y to USD 1.8 billion owing to the execution of mining projects...Free cash flow increased 36% y-o-y to USD 6.6 billion driven by higher revenue and scheduled ramp-up of Bystrinsky project. Net debt was down 33% y-o-y to USD 4.7 billion. Net debt/EBITDA ratio decreased to 0.6x as of December 31, 2020.

    https://www.nornickel.com/news-and-media/press-releases-and-news/nornickel-reports-full-year-2020-audited-consolidated-ifrs-financial-results/
    Moscow, February 16, 2021 — Nornickel the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, reports audited consolidated...
    Moscow, February 16, 2021 — Nornickel the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, reports audited consolidated...
    www.nornickel.com
  • n
    natarajan
    Why the 10% drop today?
  • R
    Rmm
    Any way to get partial shares in this equity? And I am in the United States.

    Thx a lot? Roy
  • K
    Kroptie
    Norilsk has power to cause Palladium to rise to $10,000 an ounce like Rhodium. It controls the market
  • b
    blackoutbuzz
    Final FY20 dividend proposed. And get this... a share buyback is in the works too!

    @@@The Board of Directors has recommended for the Annual General Meeting of Shareholders (AGM) approval the final dividend for the financial year 2020 in the amount of RUB 1,021.22 per ordinary share (approximately USD 13.25 at the RUB/USD exchange rate set by the Russian Central Bank as of April 9,...The Company also reports that its major shareholders, Interros, UC RUSAL and Crispian, have reached a preliminary agreement to support and propose to Nornickel’s Board of Directors a buyback of Nornickel’s shares for a total amount of approximately USD 2 bn before the end of 2021. The goal of the share buyback is to support the company’s market capitalization. The major shareholders consider the buyback expedient when the company is fundamentally undervalued by the market and as a preparation for the launch of a long-term employee compensation program. It is expected that 0.5% of Nornickel’s shares outstanding will be allocated for the employee compensation program.

    https://www.nornickel.com/news-and-media/press-releases-and-news/nornickel-board-of-directors-recommends-final-dividend-for-fy-2020-/
    Moscow, April 9, 2021 — The Nornickel Board of Directors, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has backed...
    Moscow, April 9, 2021 — The Nornickel Board of Directors, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has backed...
    www.nornickel.com
  • A
    Alex
    14.07.2020
    Press statement on the current situation with Nornickel
    Moscow, 14 July 2020 – RUSAL (27% owner) is seriously concerned about the events of the past month, which include a series of ecological disasters and accidents in Norilsk.

    What is currently happening at Nornickel invites to seriously question the competence of the company’s management as well as their suitability to be in charge of running the business. Another question is aimed at the Board of Directors and their seeming inability to have any influence on the ongoing situation. One has to wonder whether they realise that through their collective inertia, this is likely to lead to severe and damaging criticism from the environmental and investment communities.

    We have presented the Board of Directors of Nornickel with a proposal to accept a resolution demanding that Vladimir Potanin, as the managing partner, changes the management team, relocates the company headquarters to Norilsk and overhauls corporate policies towards environmental and safety issues.
    Основанная Олегом Дерипаской компания UC Rusal потребовала от совета директоров «Норникеля» и Владимира Потанина сменить руководство из-за аварий. Дерипаска и Потанин несколько лет судились из-за акций предприятия
    Основанная Олегом Дерипаской компания UC Rusal потребовала от совета директоров «Норникеля» и Владимира Потанина сменить руководство из-за аварий. Дерипаска и Потанин несколько лет судились из-за акций предприятия
    www.rbc.ru
  • b
    blackoutbuzz
    Good news. The BOD has recommended a 9 month interim dividend of ~0.77USD.

    @@@Moscow, November 3, 2020 — The Board of Directors of Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has set the Extraordinary General Meeting of shareholders (EGM) date on December 10, 2020 and the EGM record date (the list of shareholders eligible to vote) on November 16, 2020. The Board of Directors has recommended for the EGM approval an interim dividend for the nine months of 2020 in the amount of RUB 623.35 per ordinary share (approximately USD 7.74 at the RUB/USD exchange rate the Russian Central Bank as of November 3, 2020), totaling RUB 98.64 bn (approximately USD 1.2 bn). The Board of Directors has proposed to set the dividend record date (the list of shareholders entitled to the dividend) on December 24, 2020.

    https://www.nornickel.com/news-and-media/press-releases-and-news/nornickel-board-of-directors-recommends-interim-dividend-for-9m-2020/
    Moscow, November 3, 2020 — The Board of Directors of Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and ...
    Moscow, November 3, 2020 — The Board of Directors of Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and ...
    www.nornickel.com
  • b
    blackoutbuzz
    Hearings on the fines for a diesel spill kicked off in arbitration court this week, but it could be a long time until a final outcome. Meanwhile, NILSY continues its billion-dollar-plus modernization efforts of refineries to reduce SO2 and boost metal output.

    @@@Besides tackling sulfur emissions, Nornickel is also dealing with the consequences of the May 29 diesel spill at its Arctic power plant. Oct. 12 marked the start of the hearing at the Krasnoyarsk arbitration court of the case where Nornickel is sued by Russia's environmental regulator Rosprirodnadzor for environmental damage caused by the spill. The watchdog is looking to make Nornickel reimburse losses amounting to Rb148 billion ($2.1 billion), an unprecedented Russian environmental fine. Nornickel assessed the damage at Rb21.4 billion, saying its estimate, although based on the same formula, diverges from that of Rosprirodnadzor as the company applied a 1.1 coefficient (referring to the time between the spill and the company's response) whereas Rosprirodnadzor applied a 500 coefficient, something Nornickel finds unjust and intends to challenge, according to a spokesperson. "The proceeding may protract for months and even years; the case already spans volumes," said a source close to the company, adding the final charge the court will impose is likely to be neither of the extremities, but something in between.

    https://www.spglobal.com/platts/en/market-insights/latest-news/coal/101320-russias-nornickel-earmarks-1-bil-for-copper-refinery-disputes-2-bil-fine
    Over the next five years, Nornickel will invest Rb91 billion ($1.18 billion) to revamp copper refining capacities at the Monchegorsk site of its Kola mining and metallurgical division on the Kola Peni
    Over the next five years, Nornickel will invest Rb91 billion ($1.18 billion) to revamp copper refining capacities at the Monchegorsk site of its Kola mining and metallurgical division on the Kola Peni
    www.spglobal.com
  • b
    blackoutbuzz
    One back up. One to go. Well done NILSY.

    @@@Moscow, May 13, 2021 — Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that is has recovered ore mining at the Oktyabrsky underground mine back to its full capacity. The Oktyabrsky mine has recovered its daily mined volume to its full capacity of 14.1 kt. The Taimyrsky underground mine, which has also been temporarily suspended due to the flooding, is on track to resume operations. Completion of water pumping and production restart are scheduled for early June. “Water pumping from the horizons of the Oktyabrsky mine has been completed. Ore extraction and operation of its two shafts has been restored and the mine is now operating at its design capacity. Pumping out of water from the Taimyrsky mine as well as fixing mine workings back to a safe condition are progressing on track with the earlier announced recovery schedule. By June 1st, we are planning to gradually restart ore mining operations at Taimyrsky,” said Nikolay Utkin, Senior Vice President and Head of the Norilsk Division.

    https://www.nornickel.com/news-and-media/press-releases-and-news/nornickel-has-recovered-ore-mining-at-the-oktyabrsky-mine-to-full-capacity/type=releases
    Moscow, May 13, 2021 — Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that is has recovered...
    Moscow, May 13, 2021 — Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that is has recovered...
    www.nornickel.com
  • K
    Katerina
    I guess it will drop more than $.94 dividend after December 28.
  • R
    RussellC
    NILSY is the big Russian Nickel mining company which happens to make 40% of the Palladium, and 10% of the Rhodium for planet Earth. They pay juicy dividends, and are on a roll just now.
  • T
    The Bearded One
    I don’t get why this security has no action. The more I look into the better it looks especially with the pricing of their metals currently. 2020 should be a banner year with a huge dividend.
  • b
    blackoutbuzz
    Ouch. Wasn't expecting this.

    @@@Major metals supplier Russia plans temporary taxes on steel, nickel, aluminum and copper exports to help cool domestic inflation after prices surged amid a broad-based commodities rally.The government is proposing that a duty of at least 15% will be effective from Aug. 1 through year-end, with each metal also having a specific duty,...The measures probably won’t affect Russian nickel and aluminum exports much because local usage is limited, said Kirill Chuyko, an analyst at BCS Global Markets..Still, the move could have a knock-on impact on premiums paid by metals buyers in export markets if miners look to pass the levy onto their customers, traders and analysts said.

    https://finance.yahoo.com/news/russia-plans-aluminum-nickel-export-115739114.html
    (Bloomberg) -- Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here.Major metals supplier Russia plans temporary taxes on steel, nickel, aluminum and copper exports to help cool domestic infla
    (Bloomberg) -- Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here.Major metals supplier Russia plans temporary taxes on steel, nickel, aluminum and copper exports to help cool domestic infla
    finance.yahoo.com
  • r
    ray
    so whats the dividend projected to be around 1.35 usd?
  • K
    Kroptie
    Shares at this low price are worth their weight in Palladium. NILSY owns 40 % of the worlds Palladium, based on that they are worth in the several hundreds a dollar a share based on $2200 an ounce palladium. Goldman is being ultra conservative with the $65 price target