MMC Norilsk Nickel: Production Results

Base Metals Investing

Mineweb.com reports that Norilsk Nickel (LON:MNOD) has announced preliminary consolidated production results for Q4 and 2010.

Mineweb.com reports that Norilsk Nickel (LON:MNOD)  has announced  preliminary consolidated production results for Q4 and 2010.

The editorial is quoted as saying:

Overall nickel production in the fourth quarter of 2010 amounted to 77 thousand metric tonnes, representing a 2.7% growth as compared to the previous quarter. In 12 months 2010, overall nickel production increased by 5.1% up to 297 thousand metric tonnes. The growth in overall production volumes was driven by the strong performance of the Russian divisions (+1.2% as compared to the results of 2009) and substantially higher loading rate of the nickel refinery – Norilsk Nickel Harjavalta (+20.5% as compared to previous year).

To access the full editorial, click here.

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