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. Last Updated: 07/27/2016

Finns Target Norilsk

HELSINKI () -- Finnish metals and mining group Outokumpu Oy said Thursday it had agreed on closer cooperation with Russian nickel producer Norilsk Nickel.

"The agreement covers metal and technology trade, technology and production cooperation as well as principles for financing trade between the two groups and target programs for the coming years," it said.

Outokumpu said trade between the groups, which signed their previous cooperation agreement in 1993, had increased in recent years and that there was still large growth potential.