By Lukas I. Alpert
MOSCOW--OAO Norilsk Nickel (>> GMK Noril'skiy nikel' OAO), the world's largest nickel and palladium producer, said Monday its second-quarter nickel output fell 5% on the quarter to 67,814 metric tons due to short delivery of semi-products from two facilities and the mothballing of the Lake Johnston mine in Australia.
-Norilsk's second quarter palladium production was up 28% to 755,000 troy ounces from 588,000 ounces in the prior quarter.
-Copper production was up 4% on quarter at 94,622 tons from 91,026 tons.
-Platinum production was up 35% at 188,000 troy ounces compared with 140,000 ounces in the first quarter.
-First half nickel output fell 4% on the year to 139,387 metric tons form 145,463 tons.
-First half copper production grew 4% to 185,648 tons, from 178,242 tons a year earlier.
-First half palladium production declined 3% to 1.342 million troy ounces, from 1.378 million ounces the previous year.
-First half platinum output fell 7%, to 328,000 ounces from 352,000 ounces.
-The company offered no outlook for the rest of the year.
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