[Ferro-Alloys.com] It is reported that Russia’s MMC Norilsk Nickel said that the company has entered into an agreement to sell its Black Swan/ Silver Swan assets located in Western Australia.

Norilsk Nickel said it expects to realize a material gain, primarily through the release of environmental obligations which will be fully assumed by Poseidon Nickel Limited.

Norilsk, the world’s largest nickel and palladium producer, announced in May that it would sell its Australian assets.

• [Editor:Yueleilei]