- Norilsk Nickel trades 15% below its highest price of this year. The company took ESG very seriously after the last incidents.
- Since the company catering eco-friendly industries, it is essentially important for its products to be environmentally friendly. The company initiated improving its factories to create decarbonized products.
- Nonferrous metals will face a huge demand in a long term due to the emergence of EVs and some other factors. This will support the growth of Nornickel's earnings.
- The company is one of the global leaders in the industry, and its financials prove this. The company beats the market.
- Nornickel is undervalued compared to its peers. Also, the company is expected to pay a dividend yield of ~15% dividend this year.
For further details see:
Norilsk Nickel: High Dividends, Commodity Exposure, And Improved ESG At A Low Price