Russian metals giant Norilsk Nickel, a key supplier of nickel and palladium, might be too big to sanction
Norilsk Nickel is a key supplier of nickel and palladium, two metals that are key for electric-vehicle batteries and semiconductors
Several Western companies say they are looking to diversify their supply away from Russia mining company Norilsk Nickel.From its base at a former Arctic gulag, Russia’s MMC Norilsk Nickel PJSC digs up a large portion of two metals that are essential to greener transport and computer chips. So far the U.S. and its allies haven’t sanctioned the company, or its oligarch chief executive, underscoring the dilemma some analysts say governments face in seeking to punish Russia without hurting their own access to key commodities.
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