21
Apr
14:44
Nornickel reduces nickel output amid upgrades, copper production surge
Russian miner Nornickel decreased nickel production in the first quarter of the year due to short-term repairs of furnaces at Nadezhda Metallurgical Plant (NMP) and a grinding mill at Talnakh Concentrator.
Total nickel output in Q1 decreased by 9% on-year to 47,000 tonnes, Kallanish notes.
However, consolidated copper production in January-March increased by 19% on-year to 109,000 t. The increase in production was attributed to the low base of Q1 2022, when a f…
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