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"Norilsk Nickel" announced the results of the first half

«Norilsk Nickel» praised the work of IIkvartal and the first 6 months of this year. According to preliminary estimates of nickel production in IIkvartale reached 64,000 tons. Indicator 5% lower than the results of this year Ikvartala. According to the experts to reduce production affected by several factors. Note nickel content in the ore. His interest in the Polar Division raw materials lower. Also among the negative factors impacting — stop scheduled maintenance equipment. We are talking about the refining production in Finland. Another reason — the completion of the sale of Tati Nickel, African asset.

In general, the amount of nickel released for 6-meschny period reached the level exceeding 131 000 tonnes. This indicator is higher than the result same period last year by 2%. The improvement is due to increased production volumes of nickel to the Norilsk Nickel Harjavalta and the Kola Mining and Metallurgical Company.

With regard to the production of copper, then in IIkvartale production volumes amounted to about 93 000 tonnes. This figure exceeds the results Ikvartala 3%. A positive factor in increasing productivity is to develop a work in progress. The total amount of copper produced in Ipolugodii amounted to 182,000 tons. The result is 1% lower than the same period last year. The decrease was due to lower volumes of low-margin tolling operations Kola company. However, metal production of its raw materials increased by 1% to 174,000 tonnes.

Kola MMC together with the Polar Division in IIkvartale developed over 53 000 tons of nickel. The result is lower than Ikvartala 3%. For the 6 months to develop nickel company was more than 108,000 tons. This result is lower than the data same period last year by 2%. The amount of copper produced by the Russian divisions of «Norilsk Nickel» in IIkvartale reached 89,000 tons. Indicators 3% higher than the results Ikvartala. For the 6-month period, the amount of released copper totaled 175,000 tonnes. This volume is lower than in the same period of 2014 by 2%. Reduced rates for the development of copper and nickel branch Polar commodity offset by higher production output Kola Peninsula.

Norilsk Nickel Harjavalta in IIkvartale developed about 11 000 tons of nickel. The result is lower than Ikvartala 8%. For the first 6 months of 2015 the volume of manufacture of nickel was 22 000 tonnes. The result is 32% higher than the same period last year.

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