OREANDA-NEWS. Revenue of OJSC “Norilsk Nickel” from copper sales increased by 73% from USD 1,644 million in 2005 to USD 2,841 million in 2006, the consolidated financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”) goes.

In 2006, the decrease in physical volume of copper sales by 6% (or 26,000 tonnes) to 424,000 tonnes as compared to 450,000 tonnes in 2005 was offset by an increase in the average selling price by 83% - from USD 3,652 per tonne in 2005 to USD 6,689 in 2006.