Norilsk Nickel
Source: Norilsk Nickel |

Norilsk Nickel issues notice of legal proceedings against Government of Botswana

Norilsk reiterates its rights in relation to the Nkomati and Tati transactions and will continue to seek the repayment of the outstanding debts by all legal means

Norilsk Nickel (www.Nornik.ru/en) has served notice that it intends to commence legal proceedings in Botswana against the Government of Botswana in respect of its involvement in the reckless trading of BCL Limited and BCL Investments Proprietary Limited (together “BCL”), with a view to recovering the c. USD 271 million (plus…

Norilsk Nickel
Source: Norilsk Nickel |

Norilsk Nickel launches legal action against BCL over non-payment for African asset sale

A legal claims against BCL in the Botswanan courts and in the London Court of International Arbitration to recover the USD 271.3 million

Norilsk Nickel Mauritius and Norilsk Nickel Africa Pty Ltd (together “Norilsk”) (www.Nornik.ru/en) NILSY (NASDAQ), MNOD (LSE), GMKN (MOEX), announce that they have filed legal claims against BCL Limited and BCL Investments Proprietary Limited (together “BCL”) (http://www.BCL.bw) in the Botswanan courts and in the London Court of International Arbitration to recover…