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Metal Trade Overseas S.A. markets and sells the raw materials produced by Nornickel's Russian and Finnish operations into world markets; it is the customs-of-record entity/receiver for a large share of Nornickel's European shipments (alongside a sister Swiss trading entity, GPF Investments).
GLEIF (LEI 529900ZMI3U3B4G5S920, checked 2026-09-06) reports direct and ultimate parent as PJSC MMC Norilsk Nickel (LEI 253400JPTEEW143W3E47, RU) -- a verified registry relationship; GLEIF does not report a stake percentage for a wholly-integrated trading subsidiary, so pct is left null rather than guessed. The parent dossier exists in this corpus as gmkn.md (ticker GMKN, same LEI), so parent_slug is set there. NOTE: a second, duplicate dossier for the same parent company exists at norilsk-nickel-mmc.md -- flagging for hygiene/dedup, not merged in this tick (out of wake-verify scope).
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 1 customer-side. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
CoinDesk (25 Feb 2020): Nornickel's Atomyze metal-tokenization platform launched in test mode with partners Trafigura, Umicore and Traxys, in trials since Dec 2019; first tokens backed by palladium, cobalt and copper. A 2019-2020 pilot, not a confirmed bilateral supply contract; no volume or share disclosed. Earlier Bloomberg source URL is paywalled/dead.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
This company sits on the supply side for 2 of its 2 materials — a restriction on those is a tailwind, not a headwind.
As a producer, policy pressure across its produced materials is coverage-limited.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
No actions in the register have named or swept this company in the last 24 months.