Russia?s Norilsk Nickel eyeing W. Nusa Tenggara deposits

Russian firm OJSC MMC Norilsk Nickel (MMC Norilsk) announced Thursday that it had a business meeting with Mohammed Zainul Majdi, Governor of West Nusa Tenggara province.

Vladimir Strzhalkovsky, General Director and Chairman of the Management Board of MMC Norilsk discussed with the governor about the potential development of copper-nickel ore deposits in the West Nusa Tenggara province.

Governor Mohammed Zainul Majdi welcomed the intent of MMC Norilsk to launch mining projects in Indonesia and West Nusa Tenggara, and voiced out his readiness to provide the necessary support.

ABOUT MMC NORILSK NICKEL:
MMC Norilsk Nickel, a company incorporated under the laws of the Russian Federation, is the largest diversified mining and metals company in Russia, the world's largest producer of nickel and palladium and one of the world's largest producers of platinum, rhodium, copper and cobalt. In addition to this, MMC Norilsk Nickel produces a large number of other by-products, including gold, silver, tellurium, selenium, iridium and ruthenium.

The key production units of the Company?s group in Russia are at the Polar and Kola Peninsulas. MMC Norilsk Nickel international assets include operations in Finland, Australia, Botswana and South Africa.

MMC Norilsk Nickel?s shares are traded at MICEX and RTS. ADRs on the Company?s shares are traded at over the counter market in the US and at the London and Berlin stock exchanges. (romel)