cross-posted from: https://lemmy.sdf.org/post/46205007
Norilsk Nickel has been a money machine for investors, and especially Vladimir Potanin, since the early 1990s when the giant metal producer was privatised. Today the oligarch is Russia’s fifth richest person with a net worth of more than €25 billion according to Forbes.
With the war all is now changing. Norilsk Nickel’s revenue has been declining for several years in a row. In late October, the company announced consolidated production results for the nine first months of 2025. Output of all key metals decreased compared to the same period last year.
“We have to work in difficult conditions,” Potanin said in a recent meeting with Putin. From time to time, the leader in the Kremlin orders Russia’s oligarchs to come to his office to talk about the state of affairs concerning their businesses.
Norilsk Nickel’s CEO talked about falling global prices and troubles caused by sanctions.
The difficulties are caused by “disruption of supply chains, payment chains, the need to reorient ourselves to new, unfamiliar markets,” Vladimir Potanin said.
The withdrawal of suppliers of key Western mining equipment due to sanctions has forced Norilsk Nickel to transition to alternative sources for its factories in Norilsk. This is a major reason for the dip in production, the company’s CEO explained.
[…]
Although Norilsk Nickel itself is not directly sanctioned, more than ten companies associated with the mining and metallurgy giant are included in the U.S. list of sanctions, the Barents Observer has previously reported. Rosatomflot, the icebreaker operator securing year-around transport of metals from the Arctic, has also been hit by sanctions.
[…]
Putin needs a peace deal, better sooner than later. That’s why he wrote a badly translated 28 points plan and advised Agent Krasnov to make some pressure.
all those refinieries being hit, did numbers on his fuel situation, and when st petersberg and muscovites are facing the war at home its going to get worst for putin if he doesnt end this fast.
He can end it as fast as the troops can march home.
Or just help grow Sunflowers in-place as a goodwill gesture
THIS! Keep the pressure fucking UP. This is no time for negotiation about “getting to keep half of Ukraine”. I understand that the reality on the ground for the soldiers, and for the Ukrainian people, and the horrific things they have endured, are grim.
But Putin seems to be wanting this. He pretends he negotiates from a position of complete power, but he don’t. If he wants out, then he needs to back the fuck out to whatever slimy fucking shithole he crawled out of and stay there for the remainder of his pathetic unnatural life.
Putin meets Potatin
Who tf came up with this shit
They overlords hooked the Reality Generator up to am AI in an attempt to save on costs.
I’m looking forward to some good Potatin for Thanksgiving. Sweet AND mashed.
I’m not Canadian, so I’ve never eaten Putin.
Some windows are gonna open to Mr. Potanin.
“When a door closes a window opens”.
It sounds a lot more threatening in this context.He will die of old age in his sleep in a magnificently tacky golden bed, is what I fear, surrounded by people pretending to weep until they are perfectly certain he is indeed dead.
The window industry is what keeps the russian economy running
