Norilsk updates on 2010 output

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Mon, Feb 1, 2010

Palladium Company News
Post by Melissa Pistilli, Palladium Reporter

On Friday, Norilsk Nickel (GMKN.MM), the world’s biggest nickel and palladium producer, reported that the company had raised its nickel output forecast for this year to 299,000-309,000 tonnes from a previous outlook of 300,000 tonnes.

The press release is quoted as saying:

Nickel output was 282,894 tonnes in 2009, close to the forecast of 285,000 tonnes and down from a restated output of 300,600 tonnes in 2008. The figures did not include output of Norilsk’s U.S. unit Stillwater Mining Co. (SWC.N).

Click here to access the entire press release

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