Norilsk Nickel lifts Q3 nickel output by 10% q/q

The world’s largest producer of refined nickel and palladium, Norilsk Nickel, on Monday reported a 10% quarter-on-quarter increase in its nickel output, but said third-quarter copper and platinum group metals production had declined. Nickel production increased to 54 175 t in the September quarter, from 49 418 t in the previous quarter. The company expects to produce between 206 000 t and 211 000 t of nickel in 2017. Output for the first nine months of the year amounted to 157 101 t.