Norilsk Nickel has announced preliminary consolidated production results for the fourth quarter and full year of 2016 as well as its production outlook for full year 2017.

In Q4 2016 consolidated nickel production amounted to 58,000 tons, up by 5% QoQ. Nickel output from the company’s own Russian feed reached 53,000 tons, up by 16% QoQ. The increase was mainly attributed to scheduled ramp up of the upgraded Talnakh Concentrator and higher volumes of Nkomati concentrate processed at Kola MMC.

2016 consolidated nickel production amounted to 236,000 tons, down by 12% YoY. The decrease was driven by decommissioning of Nickel Plant and increase of work-in-progress material in transit as part of ongoing reconfiguration of downstream production facilities. Nickel output from the company’s own Russian feed reached 197,000 tons in line with 195-220,000 tons production target. (Metalinfo/Ukrainian metal)

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