Moody’s rating agency has raised PJSC MMC Norilsk Nickel credit rating to the investment grade level

Moscow — PJSC MMCMining and Metallurgical CompanyPublic Joint Stock Company "Mining and Metallurgical Company "Norilsk Nickel"Go to the glossaryGo to the glossary Norilsk Nickel announces that Moody’s rating agency has raised NornickelPublic Joint Stock Company "Mining and Metallurgical Company "Norilsk Nickel” and its subsidiariesGo to the glossary credit rating to the investment grade level “Baa3” and changed the outlook from “Stable” to “Positive”. Therefore, Nornickel currently has investment grade credit ratings from all three international rating agencies Fitch, Moody’s and S&P Global.

ABOUT THE COMPANY

PJSC “MMC “NORILSK NICKEL” is a diversified mining and metallurgical company, a largest refined nickel and palladium producer in the world 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” GroupPublic Joint Stock Company "Mining and Metallurgical Company "Norilsk Nickel” and its subsidiariesGo to the glossary 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” ADRAmerican Depositary Receipt; a security representing partial ownership in deposited securities of a foreign company certified by receipts issued by a US depositary bankGo to the glossarys are traded over the counter in the US and on the London and Berlin Stock Exchanges.

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