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Toby Woodall

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Russian central bank tries to fan gold exports by paying below market price

Russian central bank tries to fan gold exports by paying below market price

The Central Bank of Russia revealed early in July that it has been buying gold at below market prices domesti…

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Norilsk falters as Abramovich sells shares below market value

Norilsk falters as Abramovich sells shares below market value

PJSC Norilsk Nickel Co.'s share price dropped more than 4% upon opening March 13 in Moscow before pulling bac…

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Russia struggling to capitalize on rare earth reserves

Russia struggling to capitalize on rare earth reserves

Russia produced only about 2,600 tonnes of rare earth oxide in both 2017 and 2018, about 2% of global output,…

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Norilsk mulls financing palladium JV with crypto as metal's rise continues

Norilsk mulls financing palladium JV with crypto as metal's rise continues

The world's largest palladium producer, PJSC Norilsk Nickel Co., is considering funding its Arctic Palladium …

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Russian steelmakers set to reap rewards of infrastructure spending boost

Russian steelmakers set to reap rewards of infrastructure spending boost

Russia's top steelmakers could reap the rewards of Kremlin plans to inject US$170 billion into infrastructure…

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Russia bans coal, oil exports to Ukraine

Russia bans coal, oil exports to Ukraine

Russian Prime Minister Dmitry Medvedev signed a resolution banning exports of oil, petroleum products and coa…

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Steel remains key to medium-term nickel price with electric vehicles on horizon

Steel remains key to medium-term nickel price with electric vehicles on horizon

The price of nickel has soared more than 50% since the start of 2019, topping US$16,000 per tonne in early Au…

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Polyus's production may face hangover from COVID-19 disruption until 2022

Polyus's production may face hangover from COVID-19 disruption until 2022

A major outbreak of Covid-19 at the main mine of Russia's largest gold producer resulted in personnel shortag…

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Rising temperatures leave Russia's Arctic ambitions on thin ice

Rising temperatures leave Russia's Arctic ambitions on thin ice

As rising temperatures open Arctic shipping routes, Russia is increasingly prioritising development of its re…

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Arctic oil spills overshadow Norilsk Nickel's efforts to clean up image

Arctic oil spills overshadow Norilsk Nickel's efforts to clean up image

A catastrophic oil spill in the Arctic at the end of May was followed by two more incidents in recent weeks, …

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Belarus unrest could sow seeds of change in potash industry

Belarus unrest could sow seeds of change in potash industry

Belarus is one of the world's largest suppliers of potash and any disruption to its output of the mineral fer…

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Who buys Russian oil and gas?

Who buys Russian oil and gas?

While China and India have rushed to buy up the oil and gas spurned by Europe in the wake of Russia’s 2022 in…

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Slump in Russian dividends adds pressure to war-stretched public finances

Slump in Russian dividends adds pressure to war-stretched public finances

Russian companies are slashing dividend payments as lower oil prices and a stronger rouble weigh on profits, …

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How Europe plans to phase out Russian oil and gas, explained

How Europe plans to phase out Russian oil and gas, explained

In the coming weeks, the EU will decide whether to phase out its remaining Russian fossil fuel imports by ear…

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