Norilsk nickel group announces preliminary consolidated production results for 3d quarther and 9 months of 2017
PJSC MMC Norilsk Nickel, the largest refined nickel and palladium producer in the world, announces preliminary consolidated production results for the third quarter and nine months of 2017.
First Vice-President — Chief Operating Officer, Sergey Dyachenko commented on the 9M17 production results:
“In 3Q17 our nickel production increased by 10% as Talnakh Concentrator reached its design parameters and Norilsk Nickel Harjavalta nickel refinery restarted its operations after annual scheduled repair works in 2Q17. Copper production in the reported quarter decreased as a result of temporary suspensions of our smelting operations in the Polar division due to unfavorable weather conditions in Norilsk. The company plans to process accumulated concentrate in 4Q17, which should fully compensate for the reduction of copper volumes in 3Q17. We reiterate our 2017 metal production guidance”.
This announcement contains inside information in accordance with Article 7 of EU Regulation 596/2014 of 16 April 2014
Full name and position of person making the announcement — Vladimir Zhukov, Vice - president, Investor Relations
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