Jonny Fry Posted

Commodity-backed Digital Assets announced from one of the world’s major commodity producers.
 

 
Nornickel, based in Russia, is one of the world’s biggest commodity producers which smelts nickel and palladium, and employs over 93,000 people. Nornickel’s largest shareholders include the Russian oligarchs,Vladimir Potanin and Roman Abramovich. Nornickel, which is quoted on the Moscow and the London Stock Exchanges and has market capitalisation of over £32 billion, has just announced that it is launching a Digital Asset, backed by palladium.
Nornickel and the German manufacturer, BSAF, have unveiled plans to build one of the world’s biggest factories making electric car batteries (to meet the...