Russian businessman Vladimir Potanin, the biggest shareholder in Norilsk Nickel, said on Wednesday he may raise his stake in the Russian mining giant if the opportunity arises, Reuters reports.

Potanin currently owns 34.6% of Nornickel, the world’s largest palladium producer with a market value of $43.6 billion

"I have always said that Norilsk Nickel shares are an attractive investment for me (…) I use situations to increase my shareholding on a case-by-case basis. And if such a situation arises within the next few months, of course, I will allocate some part of my earned capital to increase my stake", Potanin said in an interview with RBC TV on Wednesday.