Nornickel is first Russian firm to get OK to keep listing abroad
The approval has been needed since President Vladimir Putin April signed a bill requiring Russian companies to delist their depositary receipts abroad.
While Zimbabwe has the world’s third-biggest reserves of platinum-group metals, plus gold, diamond and chrome mines, development has been stymied by political instability.
The question of what happens to Russia’s metal exports is of vast consequence to global markets -- it’s a key supplier of palladium, nickel, aluminum, steel and copper.