Norilsk Nickel Output Set to Rise in 2012

Reuters reported Norilsk Nickel (LSE:MNOD,MCX:GMKN) says it output of nickel will rise in 2012.

As quoted in the market news:

For 2012, Norilsk forecast nickel output at 235,000 to 240,000 tonnes at its Russian divisions and 60,000 to 65,000 at the international operations.

That adds up to as much or more than its total nickel output in 2011 at 295,000 tonnes, which was down 0.8 percent from the previous year, including contributions from operations in Australia, Finland, Botswana and South Africa.

Click here to read the full Reuters report.