At the annual general meeting on June 28, Norilsk Nickel shareholders approved the recommendation of the company’s board of directors not to pay final dividends for 2023.
According to Interfax, 59.34% of present shareholders supported the decision, while 40.6% were against it. The quorum of the meeting was 75.66%.
Meanwhile, Norilsk Nickel shareholders elected a new board of directors of 13 people and approved annual reporting under RAS and IFRS for 2023.
MMC Norilsk Nickel is a diversified mining and metallurgical company, the world’s largest producer of palladium and Class I nickel and a major producer of platinum, cobalt, copper and rhodium. The company also produces silver, gold, iridium, ruthenium, selenium and other products.
The main production units of Norilsk Nickel Group are located at the Norilsk Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia.
Theodor Lisovoy, Editor in Chief, Rough&Polished
