Earnings Report /
Russia

Nornickel: 3Q21 production results – Quarterly recovery of volumes; Neutral-to-positive

  • Nornickel delivered its 3Q21 production results which signal the continued recovery after temporary suspension

  • In 3Q21, Nornickel produced 50.5 kt of nickel, which is 55% up q/q and 115.6 kt of copper, up by 42% q/q

  • The price environment remains favorable for Nornickel’s metals basket

Boris Krasnozhenov
Boris Krasnozhenov

Head of Research (Managing Director)

Yulia Tolstykh
Yulia Tolstykh

Analyst, Metals & Mining

Alfa
20 October 2021
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