MMC “Norilsk Nickel” Group Increased Forecasts on Nickel Production
OREANDA-NEWS. Following the acquisition of OM Group's nickel business on March 1, 2007, the Norilsk Nickel Group is increasing its expected attributable production of nickel in 2007 from 240-245 thousand metric tons to 270-275 thousand metric tons.
According to the press service of “Norilsk Nickel”, expected production of copper, palladium and platinum remains unchanged, calling for an estimated 404-409 thousand metric tons of copper, 3.00-3.05 million ounces (93-95 metric tons) of palladium and 700-710 thousand ounces (around 22 metric tons) of platinum.
The stated production volumes do not include production figures of Stillwater Mining Company.
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