Nornickel's CEO Vladimir Potanin. Photo source: RIA Novosti; edited by Author
This summer, Nornickel (OTCPK:NILSY) has become the main newsmaker on environmental incidents in Russia. Even though the latter two were absolutely minor compared to the notorious oil spill, the company will now stay in the crosshairs of Russian news media at least until we see a resolution of the dispute between the Federal Service for Supervision of Natural Resources Management (Rosprirodnadzor) and Nornickel.
With its high damage estimate, Rosprirodnadzor set a pretty high starting point for further negotiations about the size of