Russia’s Nornickel sees influence of recent export duties at $0.5 bln – RIA

HomeStock

Russia’s Nornickel sees influence of recent export duties at $0.5 bln – RIA


MOSCOW, June 28 (Reuters)Russian billionaire Vladimir Potanin, majority shareholder in mining big Nornickel GMKN.MM, stated on Monday that the influence of recent duties on the corporate is anticipated at round $0.5 billion, the RIA information company reported.

Russia has launched non permanent new export taxes for metal merchandise, nickel, aluminium and copper which is able to value their producers $2.three billion between Aug. 1 and Dec. 31.

(Reporting by Anastasia Lyrchikova; Writing by Polina Ivanova; Enhancing by Jan Harvey)

(([email protected];))

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.



www.nasdaq.com