ST. PETERSBURG, May 22. /ITAR-TASS/. Russian metals giant Norilsk Nickel will raise nickel supplies to China to 100,000 tonnes in 2014 from 70,000 tonnes in 2013, CEO Vladimir Potanin said at the St. Petersburg International Economic Forum on Thursday.
The Indonesian government has prohibited ore exports from January 2014, which pushed global nickel prices higher. Norilsk Nickel has been in talks with Chinese authorities to replace the Indonesian nickel for China ever since, Executive Director Pavel Fyodorov said on Monday.