Moscow - PJSC MMCNorilsk Nickel, the largest palladium and refined nickel producer in the world, announces today preliminary consolidated production results for the third quarter and nine months of 2018.

First Vice-President, Chief Operating Officer, Sergey Dyachenko commented on the production results:

'In 9M 2018, we increased the output of all core metals. The most significant growth has been delivered in copper that was up 20% year-on-year owing to processing of concentrate purchased from Rostec and the launch of concentrate production at Bystrinsky Project (Chita Copper Project). Bystrinsky GOK, which successfully started hot commissioning in October 2017, produced 13 kt of copper and 62 koz of gold in copper concentrate, which was in line with our adjusted production targets. PGMoutput increased as a result of intensive processing of copper concentrate purchased from Rostec and Talnakh Concentrator reaching its design parameters. We reiterate our production guidance from own Russian feed for FY2018.'

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OJSC MMC Norilsk Nickel published this content on 31 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 October 2018 09:07:02 UTC