RE: Overall positive22 May 2025 23:13
In 2025, the management is expecting to sell the entire metal production volumes, while forecasting that metal market conditions will remain challenging, with a nickel market specifically forecasted to be in surplus. In its HR strategy, Nornickel is putting special emphasis on further improving its attractiveness as an employer with a salary indexation scheduled at or above officially recorded inflation rate.
Sergey Malyshev, the Company’s First Vice President and Chief Financial Officer, commented on the approved 2025 budget: “The budget for 2025, which marks the 90th anniversary of Nornickel, stands out as exceptionally ambitious and intensive given very demanding external environment. This provides additional motivation and elevates responsibility. Our management team is committed to meet the established targets, maintain a strong credit profile, and support our investment appeal no matter which challenges we face.”
https://www.metalsdaily.com/news/pgm-news/
Doesn't sound like a company about to overpay for a cabbage patch, they are all in the same position right now.
Dreamers