Page 40 - Polina Devitt News Today

Russia is preparing new export taxes for steel products, nickel, aluminium and copper which will cost their producers $2.3 billion between Aug. 1 and Dec. 31, its officials told a government meeting on Thursday.

(Adds details, context)MOSCOW, June 11 (Reuters) - Russian agriculture consultancy Sovecon said on Friday that it had raised its forecast for the country's 2021 wheat crop by 1.5 million tonnes to 82.4 million tonnes.Russia is the world's largest wheat exporter, supplying it mainly to the Middle East and Africa.

Russia’s new formula-based grain export taxes will remain in place as long as there is increased global demand for food, Deputy Prime Minister Victoria Abramchenko told Reuters. As one of the world’s largest wheat exporters, Russia launched the taxes on Wednesday as part of measures Moscow hopes will help to stabilise domestic food inflation. “Lower ...

Rusal sees investment in modernisation at four of its plants at around $5 billion, the Russian aluminium producer told Reuters, citing its preliminary estimate.

Russia-focused gold producer Nordgold plans an initial public offering (IPO) of at least 25% of its existing shares in London and Moscow, it said on Thursday, with two sources saying the company would target a valuation of up to $5 billion.

By Reuters Staff 2 Min Read MOSCOW (Reuters) - Russia-focused gold producer Nordgold plans an initial public offering (IPO) of at least 25% of its existing shares in London and Moscow, it said on Thursday. Nordgold, majority owned by Russian billionaire Alexei Mordashov and his sons Kirill and Nikita, was previously listed in London but delisted in 2017. It is aiming for a premium listing that would make it eligible for the FTSE indices. “Now is the right time for Nordgold to seek a premium L...

MOSCOW (Reuters) - Russian environment watchdog has estimated the environment damage from a recent spill at one of oilfields of producer Lukoil in the...

Russia aims to make Sakhalin island carbon neutral by 2025

Russia aims to make the fossil fuel-rich Pacific island of Sakhalin carbon neutral by 2025, and later to extend the ambition…

Russia's industry ministry has held preliminary discussions with metals producers about buying their products for the state stockpile, the ministry said in a statement on Tuesday.