NICKEL & PALLADIUM
Russia's Norilsk Nickel plans to increase capital expenditure to an average of $2.3-billion to $2.5-billion a year in 2019 and 2020 from about $2-billion in 2018 due to an environmental project and infrastructure modernisation, it said on Monday.
Nornickel, part-owned by Russian businessman Vladimir Potanin and aluminium giant Rusal, is the world's top palladium producer and second-largest nickel producer.
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