23
Feb
14:06
Nornickel to decrease nickel output amid lack of equipment, sales stable
Russian miner Nornickel will decrease nickel production due to lack of access to equipment, says the company’s head of investor relations department Mikhail Borovikov.
In 2022, the company also expects a reduction in nickel production by 5% on-year to 204,000-214,000 tonnes, Kallanish notes.
“The company’s financial results may be affected by continued cost growth and furnace repairs at the plant, which is also one of the reasons for the reduct…
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