Russian firm first mining company to launch metal ETCs
100% of miner's revenue aligns negatively to climate action
Two further ETCs are set to launch, with nickel and copper funds available. Photo: Norilsk Nickel
Norilsk Nickel, the world's largest producer of palladium and high-grade nickel, has launched a series of exchange-traded commodities (ETCs), offering investors access to physically backed metals.
The firm, which was forced to pay a record $2.1bn fine for an environmental disaster only last year, has become the first mining company to launch physically-backed ETCs. The Royal Mint lists physically...
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