Norilsk's new dividend policy will see payments of 60 percent of annual EBITDA if its net debt to EBITDA ratio is less than 1.8 and payment of 30 percent of EBITDA if its net debt to EBITDA ratio is more than 2.2.

MMC Norilsk Nickel has completed all 2015 investment projects on schedule and within budget, stated company President Vladimir Potanin, summing up the year’s financial results.

Norilsk Nickel will not cut its investment program despite weak economic conditions, President of Interros and Norilsk Nickel Vladimir Potanin said at a meeting with Russian President Vladimir Putin on November 11th

During the AGM a new Board of Directors was elected and the dividend for 2014 in the amount of RUB 670.04 per ordinary share was approved.

MMC Norilsk Nickel, whose majority shareholder is Interros, announced preliminary consolidated production results for 4Q14 and full year of 2014 as well as its production outlook for full year 2015.