UC Rusal plans to combined with Norilsk Nickel

UC Rusal stockholder Viktor Vekselberg said to Vladimir Potanin that UC Rusal is negotiating Vladimir Potanin whether to buy all the shares of Norilsk or to combine with it, Vladimir Potanin own 25% of Norilsk Nickel’s shares. Vladimir Potanin we has met Volodya, Volodya think this combination will be meaningful. Yet there are many details we have to negotiate and to arrange how to organize this combination.” “We will make an agreement with Vladimir Potanin sooner or later.” Vladimir Potanin gives no comments on that till now. Norilsk Nickel market value is $46b; nickel exploration takes up one fifth in the world. Invest bank said Rusal value is $30b, its aluminum and alumina each takes 12% and 15% in world. Oleg Dertpaska maintains 66% of Rusal’s shares.