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Russia's Nornickel slashes 2023 investment forecast by around $1 bln

MOSCOW, Aug 2 (Reuters) - Russian miner Nornickel said on Wednesday it had cut its 2023 investment forecast to $3.5-3.8 billion from $4.7 billion.

Chief Financial Officer and Senior Vice-President Sergey Malyshev said the cut was due to the weakening rouble and revised schedules for a number of projects. (Reporting by Reuters; writing by Alexander Marrow; editing by Jason Neely)

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