MMC Norilsk Nickel's RAS net profit for 9 months of 2024 amounted to ₽37.85 billion, down 44.4% from ₽68.09 billion in the previous year. Revenue rose 3.6% to ₽644.42 billion against ₽622.02 billion a year earlier.

Nickel production by Norilsk Nickel for 9 months of 2024 increased by 0.3% to 146.2 thousand tons. Copper output increased by 7% to 326.07 thousand tons. Palladium output grew by 1% to 2.2 million ounces. Platinum output decreased by 1% to 521 thousand ounces. Company raised its metal production forecast for 2024: 196-204 thousand tons of nickel, 337-357 tho...

Moscow Exchange launched new investment instruments backed by Nornickel's platinum and palladium. Brokers and their clients will be able to buy from a gram of platinum or palladium for rubles on TOM and TOD settlement terms, and the metals will be delivered in impersonal form to the metal accounts of clearing participants.

Investments in the Kolmozerskoye deposit development project in the Murmansk Region will amount to ₽91 bln, follows from the presentation of the chief geologist of the joint venture of Nornickel and Rosatom Polar Lithium. Designed capacity of the mining and processing plant will be 45 thousand tons of lithium hydroxide and carbonate per year from 2030, the d...