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16 Feb
15:04

Nornickel refuses to appeal record fine

Russian mining company Nornickel will probably refuse to appeal the record fine of RUB 146 billion ($1.95 billion) in compensation for an Arctic fuel spill, says the company in its financial statement seen by Kallanish.   “As a preliminary position on the prospects for appeal, the group's management considers that further appeal is not in the interests of the enterprise,” Nornickel says. “The final decision will be made in accordance wit…
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