Norilsk Nickel’s Q2 Platinum Output Hits 188,000 Ounces

Platinum Today reported that during the second quarter of 2013, Norilsk Nickel’s (MCX:GMKN) platinum output rose 35 percent from the previous quarter, while its palladium production increased by 28 percent.

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.