PJSC MMC Norilsk Nickel, the world’s largest producer of refined nickel and palladium, announces preliminary consolidated production results for the fourth quarter and full year of 2016 as well as its production outlook for full year 2017.

Researchers compared the 300 most affluent business people and upper-level managers in the largest companies in Russia, both state-owned and private. The ranking was compiled based on the number of mentions in Russia’s main media outlets between January 1 and December 31, 2016; additionally, researchers analyzed print material from 100 leading foreign newspapers and magazines.  Both Forbes and the readers selected Vladimir Potanin as an Entrepreneur with a track record of achievement in large-scale projects that benefit society.

Vladimir Potanin informed President Vladimir Putin about Norilsk Nickel’s 2016 performance and the company’s current operations. Norilsk Nickel embarked on a long-term development program that will last through 2023. Once implemented, it will lead to a 50 percent increase in the production of ore, and will almost double company's enrichment volumes. By 2023 Norilsk Nickel plans to reduce air pollutant emissions by 75 percent. Norilsk Nickel will create three thousand additional jobs to make sure that the upgrades do not lead to social tensions. That will require approximately 1 trillion rubles of investments, 250 billion of which will go towards environmental protection programs.

On Friday, the annual general meeting of shareholders of MMC Norilsk Nickel took place. During the AGM a new Board of Directors was elected and the final dividend for 2013 of RUB 248.48 per ordinary share was approved.