In 1Q 2024, the Company increased the output of palladium and copper as compared to the same period of last year. The temporary decrease in nickel production was attributed to accumulation of work-in-progress inventory, which will be processed in the second quarter.
Trans-Baikal Division continues to increase copper production volumes driven the operations efficiency improvement program.
The Company's mines continued to increase
In addition, in the reported quarter Nornickel continued to produce premium quality nickel at
The Company reiterates its previously announced production guidance from own Russian feed for FY2024.
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OJSC MMC Norilsk Nickel published this content on 22 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 April 2024 10:03:02 UTC.