Norilsk Nickel’s Q2 2013 Palladium Output Rises 28 Percent

Precious Metals

Platinum Today reported that Norilsk Nickel’s (MCX:GMKN) second-quarter 2013 palladium production came in 28 percent higher than the previous quarter, while its platinum output was 35 percent higher.

Platinum Today reported that Norilsk Nickel’s (MCX:GMKN) second-quarter 2013 palladium production came in 28 percent higher than the previous quarter, while its platinum output was 35 percent higher.

As quoted in the market news:

Palladium output rose 28% from the first quarter to hit 755,000 oz, driven by the release of stock accumulated earlier in the year.

Q2 platinum production rose 35% from the previous three-month period to 188,000 oz as a result of boosted output at the Polar Division.

Overall output in the first half of 2013 amounted to 1.342 million palladium ounces and 328,000 platinum ounces.

Click here to read the full Platinum Today report.

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