MOSCOW, March 11 - RAPSI. The Supreme Commercial Court has refused to reconsider Rusal's lawsuit against MMC Norilsk Nickel seeking to cancel decisions adopted by its shareholders' meeting, Norilsk Nickel reports.

Rusal, which owns a blocking stake in Norilsk Nickel, earlier made several abortive attempts to contest the results of Norilsk Nickel annual and extraordinary shareholders' meetings, reads the report.

Late in 2011 the Supreme Commercial Court accepted Rusals request to review the lower courts' decisions. The request was filed on November 25. A three-judge panel was expected to decide whether to refer the case to the courts presidium.

Norilsk Nickel is the world's largest nickel producer (18 percent of the worldwide output) and palladium producer (nearly 50 percent of the worldwide output).

The company is also a leading platinum producer (about 13 percent of the worldwide output) and copper producer (about 2.5 percent of the worldwide output). The company also produces cobalt, chrome, rhodium, silver, iridium, ruthenium, selenium, tellurium and sulfur.