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06 Aug
15:00

NICKEL: Nornickel’s revenue increases despite production accidents

Russian mining company Nornickel’s consolidated revenue in the first half of 2021 increased by 33% on-year to $8.9 billion owing to higher metal prices and an increase in palladium sales volumes, which more than offset production losses caused by the temporary suspension of Oktyabrsky and Taimyrsky mines due to their flooding and Norilsk concentrator, following an incident in February this year. Ebitda increased three-…
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