Tuesday April 24, 10:56 PM
Norilsk revises 2007 nickel output up
MOSCOW, April 24 (Reuters) - Russian metals giant Norilsk
Nickel said on Tuesday in had revised its nickel
output forecast for 2007 to 270,000-275,000 tonnes from the
previous 240,000-245,000 tonnes due to acquisition of OM Group's
assets.
Norilsk produced 61,000 tonnes of nickel in the first
quarter of this year, up from 60,000 tonnes in the same period
of last year, Norilsk said in a statement.
Its output of palladium fell to 716,000 ounces in
January-March from 775,000 ounces, of sister metal platinum to
169,000 ounces from 184,000 ounces. Copper output declined to
101,00 tonnes from 109,000 tonnes.
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