OREANDA-NEWS. October 17, 2011. OJSC MMC Norilsk Nickel (“MMC Norilsk Nickel” or the “Company”) and its subsidiaries (the “Group”) hereby presents unaudited financial results for the year ended 31 December 2010, prepared in accordance with International Financial Reporting Standards (“IFRS”), reported the press-centre of Norilsk Nickel.

Revenue from metal sales
Revenue from metal sales increased by 24% as compared to six months of 2010, and amounted to USD 6 956 million. The key reason for this growth was the increase in market prices for precious and base metals produced by the Group.

In the reporting period revenue from metal sales increased (nickel and copper) by 20% to USD 867 million and amounted to USD 5 180 million. Precious metal sales (Palladium, Platinum and Gold) increased by USD 485 million (or 38%) and amounted to USD 1 776 million.

Full report see here: http://www.nornik.ru/_upload/editor_files/file1680.pdf