UPDATE 2-Nornickel plans to cut dividends to boost investment <!-- no image --> <div>* Expects costs of sulphur project to increase to $3.5 bln (Adds details about Nornickel's environmental project, the Arctic Palladium JV)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=am2OMpbVpCY:sL08Igx9M3I:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=am2OMpbVpCY:sL08Igx9M3I:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=am2OMpbVpCY:sL08Igx9M3I:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=am2OMpbVpCY:sL08Igx9M3I:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=am2OMpbVpCY:sL08Igx9M3I:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/am2OMpbVpCY" height="1" width="1" alt=""></div> Posted by Reuters