Nornickel board recommends dividend, approves stock split

"We need companies like Teck here in Canada, companies with a strong commitment to Canada," Freeland wrote in a letter to the Greater Vancouver Board of Trade.

Marex reported record results for 2022 earlier this month.

There have been calls for reform to LME's nickel contract.

The bitter Teck-Glencore brawl is headed for a potential climax this week.

Steel is the most important material for Germany’s manufacturing sector, going into everything from Volkswagen automobiles to the advanced machinery made by Siemens.

Vladimir Potanin, president and biggest shareholder of Nornickel, was ranked as the second richest in Russia.

The LME has appointed John Williamson, currently a non-executive director, as interim chairman from the end of April.

Miner reported lower copper, zinc and nickel production in the first quarter.

Company reported Q1 operating profit slightly below analyst expectations on Friday.