On accepting PJSC MMC Norilsk Nickel’s Report on Application for Registering NORNICKEL Brand electrolytic nickel, and with respect to the Rules on Registration of Nonferrous Metals Products for Futures Delivery, following our product inspection, sampling and assaying, the NORNICKEL Brand electrolytic nickel (Ni99.80, Electro-winning Technology), produced by JSC Kola GMK , a subsidiary of PJSC MMC Norilsk Nickel, meets all requirements on substituted products for physical delivery as prescribed in the Exchange’s nickel futures contract specifications. The Exchange hereby notify the following with discretion:
I. We grant the approval on the NORNICKEL Brand electrolytic nickel, produced by JSC Kola GMK, a subsidiary of PJSC MMC Norilsk Nickel, being registered with the Exchange.
II. Since the date of issuance, the above-mentioned products shall be applicable to physical delivery against the Exchange’s nickel futures contract.

The products’ specifications are as below:

The products’ specifications are as below:
Registered Producer: PJSC MMC Norilsk Nickel
Refinery: JSC Kola GMK
Place of Origin: KGMK Industrial Site, Monchegorsk，Murmansk Region, The Russian Federation
Product Name: Electrolytic Nickel (Ni99.80, Electro-winning Technology)
Trademark: NORNICKEL
Brand Logo: (as shown in the attachment)

Dimension：Approx. 1340 * 935 * 3-12 mm
Weight per Piece：Approx. 80-100kg
Weight per Bundle：Approx. 1,500kg
Minimum Warranted Delivery Size（6 tons）：Composed of approx. 4 bundles
Packaging Materials: Bundled up in good conditions using the 1×31mm zinc-galvanized straps, with 2 horizontal straps and 2 vertical straps, plus 2 wooden pallets placed at the bottom of each bundle.
Executive Standard: Standard stipulated in the Nickel Futures Contract

Hereby notify the above.

Shanghai Futures Exchange

February 18th , 2020