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PRESS RELEASE*
*NORILSK NICKEL GROUP SIGNS A MAJOR LONG TERM CONTRACT WITH VDM METALS*
Norilsk Nickel Group (hereinafter Nornickel or the Group) and VDM Metals
GmbH (VDM Metals), the world's leading producer of specialty steels and
nickel alloys, announce a major 5-year contract for the supply of nickel.
VDM Metals will use this nickel in manufacturing of high nickel content
alloys for the oil and gas, chemical, petroleum, automotive and other
industries. The contract was signed on December 12, 2016 by the Senior Vice
President of Nornickel, Sergey Batekhin, and the CEO of VDM Metals, Dr.
Niclas Müller at the Company's headquarters in Moscow. The price of nickel
deliveries will be set at market terms.
'We are pleased to see that our successful multi-year long cooperation with
VDM Metals has progressed to a new level of long-term relations. A strong
and lasting partnership with one of the world's largest nickel alloy and
specialty steels consumers of refined nickel is on top of priorities for
Nornickel's sales and distribution strategy' - said Sergey Batekhin.
'The new contract is an extension of the agreement between our companies
signed back in February 2015' - said Dr. Niclas Müller.
VDM Metals and Nornickel hold the world's leading positions in their
respective industries. The cooperation between the two companies should
enable the highest quality nickel and specialty alloys products delivered to
VDM Metals's customers.
*ABOUT THE COMPANIES *
PJSC «MMC «NORILSK NICKEL» is a diversified mining and metallurgical
company, the world's largest producer of refined nickel and palladium and a
leading producer of platinum, cobalt, copper and rhodium. The company also
produces gold, silver, iridium, selenium, ruthenium and tellurium.
The production units of «NORILSK NICKEL» Group include Polar Division,
located at the Norilsk Industrial District on Taimyr Peninsula, and Kola
Mining and Metallurgical Company located on the Kola Peninsula in Russia as
well as Harjavalta nickel refinery in Finland.
PJSC «MMC «NORILSK NICKEL shares are listed on the Moscow and on the
Saint-Petersburg Stock Exchanges. PJSC «MMC «NORILSK NICKEL» ADRs trade over
the counter in the US and on the London and Berlin Stock Exchanges.
VDM Metals is the world's leader in research & development and production of
non-ferrous-metals alloys and specialty steels, manufacturing over 130 types
of various modern materials.
VDM Metlas operates 7 production sites in Germany and the USA, 3
service-centers in Germany, China and Australia, as well as a sales network
comprised of 16 sales offices and 29 agents
Source: FN
Precurement of approx primary Aluminum 1400mt/m
Kindly advise availability so we can send specs and delivery terms/conditions
Looking for the following materials:
1: Ferro Silicon Grade C – Steel making Grade
Si: 75 % min
C: 0.10% max
P: 0.035% max.
S: 0.025% max.
Al: 1.50% max.
Mn: 0.40% max.
Size: 3/8’’ - 2 ‘’ ( 9.5mm – 50 mm)
Tolerances: More 2’’(50 mm) : 20 %max.
Less 3/8’’ (9.5mm) : 5 % max
Packaging: 1 mt big bag
Quantity: 300 mt
2: Ferro Silicon Manganese Grade B
Mn: 65% min.
Si: 16 % min.
C: 2% max
P: 0.20% max.
S: 0.04% max.
Size: 1/4’’ - 2 ‘’ ( 6.3mm – 50 mm)
Tolerances: More 2’’(50 mm) : 8 %max.
Less 1/4’’ (6.3mm) : 10 % max
Packaging: 1.5 mt big bag
Quantity: 200 mt
3: High Carbon Ferro Chrome – Grade C
Cr: 62- 72 % min.
Si: 3 % max
C: 4 – 9.5 %
P: 0.030% max.
S: 0.060% max.
Size: 3’’ - 1 ‘’ ( 75 mm – 25 mm)
Tolerances: More 3’’(75 mm) : 10 %max.
Less 1’’ (25mm) : 10 % max
Packaging: 1 mt big bag
Quantity: 50 mt
4: Ferro Vanadium
V: 78 % min.
Si: 1.5 % max.
C: 0.40 % max.
P: 0.04% max.
S: 0.04% max.
Al: 2.00% max
Size: Minor to 1 ‘’ ( 25 mm)
Tolerances: More 1’’(25 mm) : 10 %max.
Less 20 mesh (850 um) : 10 % max
Packaging: 250 Kg drums
Quantity : 20 mt
5: Ferro Niobium
Nb: 65 % min.
Ta: 5 % max
Si: 4 % max.
C: 0.50 % max.
P: 0.10 % max.
S: 0.10 % max.
Al: 1.00 % max.
Sn: 0.25 % max.
Mn: 3.00 % max.
Size: Minor to 1/2’’ (12.5 mm)
More 1/2’’(12.5 mm) : 10 %max.
Less 8 mesh (2.36 mm) : 10 % max
Packaging: 250 Kg drums
Quantity: 20 mt
The quantities mentioned, refer to biannual purchases.
Kind regards
Petros Dimakis
The Mines and Geosciences Bureau (MGB) reported on Monday that the country’s nickel ore output declined to 16 percent in the first three-quarters.
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