OREANDA-NEWS. October 07, 2010. Open Joint Stock Company (“OJSC”) Mining and Metallurgical Company Norilsk Nickel (“MMC Norilsk Nickel”, or the “Company”) and its subsidiaries (the “Group”) present its preliminary unaudited interim condensed consolidated financial statements (the “financial statements”) as at 30 June 2010 and for the six months then ended in compliance with International Accounting Standard IAS 34 Interim Financial Information (“IAS 34”), reported the press-centre of Norilsk Nickel.    

In the first six months of 2010 revenue of the Group increased by 68% as compared to the first six months of 2009, and amounted to USD 6,837 million. In the reporting period revenue from metal sales increased by 78% to USD 5,852 million as compared to the same period of 2009. The main driver of revenue growth in the first half of 2010 was the increase in prices of base and precious metals (please see the detailed information below) produced by the Group and the growth in physical volumes of metal sales except for the copper.

Full reports see here: http://www.nornik.ru/_upload/editor_files/file1479.pdf