Bloomberg News

Norilsk Advances Most in a Month on Nickel Prices: Moscow Mover

February 13, 2012

Feb. 13 (Bloomberg) -- OAO GMK Norilsk Nickel, the world’s largest producer of the metal, advanced the most in a month in Moscow trading after prices of the commodity increased.

Norilsk rose 3.1 percent to 5,801 rubles, the biggest gain since Jan. 12, by 3:00 p.m. in Moscow. Nickel for three-month delivery jumped 1.4 percent to $20,995 a metric ton in London.

--Editor: Tony Barrett, Torrey Clark

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net


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