MMC Norilsk Nickel plans to sell small shareholdings in power companies and reinvest the proceeds in its core assets, the mining and smelting giant's general director, Vladimir Strzhalkovsky, told reporters on the sidelines of the economic forum in St Petersburg. "We're not a portfolio investor, we don't need small shareholdings in non-core assets. Better to spend the proceeds on something useful, something mainstream," he said.
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