|
Nickel
In 2Q2020, consolidated nickel production increased 8%
quarter-on-quarter (q-o-q) to 56 kt, almost all of which were produced
from the Company’s own Russian feed (55 kt, +8% q-o-q). The growth was
attributed to the gradual ramp-up of nickel refinery at Kola MMC using
new chlorine-leaching technology. As part of strategic diversification
of sales into premium products, carbonyl nickel production at Kola MMC
increased to 1.6 kt (+3% q-o-q).
In 1H2020, total nickel output decreased 2% year-on-year (y-o-y) to 108
kt, almost all of which were produced from the Company’s own Russian
feed (107 kt, -1% y-o-y). The decline was attributed to hot
commissioning of a refining shop using new chlorine leaching technology
at Kola MMC.
In 1H2020, carbonyl nickel output increased 41% y-o-y to 3.2 kt. Copper
In 2Q2020, consolidated copper production increased 9% q-o-q to 125 kt,
almost all of which were produced from the Company’s own Russian feed.
The growth was driven by a temporary increase in processed volumes of
concentrate purchased from Rostec, and copper cake supplied from Norilsk
Nickel Harjavalta to Copper Plant of the Polar Division for further
refining, as well as an increase in copper feed for copper smelting at
Polar Division due to a reduction of copper content in the matte shipped
for further processing to Kola MMC.
In 1H2020, total copper output decreased 5% y-o-y to 240 kt, almost all
of which were produced from the Company’s own Russian feed. The decline
was attributed to lower processing volumes of concentrate purchased from
Rostec in comparison to 1H2019, as well as a decrease of copper
production at Kola MMC due the short-term reduction of capacity
utilisation rate of its smelting operations owing to unfavorable
meteorological conditions in order to reduce environmental impact.
Bystrinsky Project was ramping up on schedule, having increased
production of copper in concentrate by 49% y-o-y to 30 kt.
|
NORILSK NICKEL GROUP SALEABLE METALS PRODUCTION |
Unit |
2Q 2020 |
1Q 2020 |
Q-o-Q |
1H 2020 |
1H 2019 |
Y-o-Y |
|
Total nickel |
t |
55831 |
51757 |
8% |
107588 |
109682 |
-2% |
|
including from own Russian feed |
t |
55438 |
51133 |
8% |
106571 |
107741 |
-1% |
|
Total copper |
t |
124926 |
114987 |
9% |
239913 |
251304 |
-5% |
|
including from own Russian feed |
t |
124909 |
114914 |
9% |
239823 |
251100 |
-4% |
|
Total palladium |
koz |
722 |
548 |
32% |
1270 |
1533 |
-17% |
|
including from own Russian feed |
koz |
722 |
548 |
32% |
1270 |
1531 |
-17% |
|
Total platinum |
koz |
173 |
150 |
15% |
323 |
388 |
-17% |
|
including from own Russian feed |
koz |
173 |
150 |
15% |
323 |
387 |
-17% |
|
Polar Division and Kola MMC (Russia) |
|
|
|
|
|
|
|
|
Nickel |
t |
39312 |
35143 |
12% |
74455 |
80039 |
-7% |
|
Kola MMC, including |
t |
39312 |
35143 |
12% |
74455 |
80039 |
-7% |
|
refined Ni from own Russian feed |
t |
37940 |
33260 |
14% |
71200 |
79525 |
-10% |
|
saleable intermediate products from own Russian feed |
t |
1372 |
1883 |
-27% |
3255 |
514 |
533% |
|
from 3d parties feed |
t |
0 |
0 |
- |
0 |
0 |
- |
|
Copper |
t |
108611 |
99647 |
9% |
208258 |
223160 |
-7% |
|
Polar Division |
t |
94251 |
82172 |
15% |
176423 |
179722 |
-2% |
|
Kola MMC, including |
t |
14360 |
17475 |
-18% |
31835 |
43438 |
-27% |
|
Cu cathodes from own Russian feed |
t |
13770 |
16940 |
-19% |
30710 |
35828 |
-14% |
|
saleable intermediate products from own Russian feed |
t |
590 |
535 |
10% |
1125 |
7610 |
-85% |
|
from 3d parties feed |
t |
0 |
0 |
- |
0 |
0 |
- |
|
Palladium |
koz |
716 |
547 |
31% |
1264 |
1497 |
-16% |
|
Polar Division |
koz |
373 |
177 |
111% |
550 |
461 |
19% |
|
Kola MMC, including |
koz |
343 |
371 |
-7% |
714 |
1036 |
-31% |
|
from own Russian feed |
koz |
343 |
371 |
-7% |
714 |
1036 |
-31% |
|
from 3d parties feed |
koz |
0 |
0 |
- |
0 |
0 |
- |
|
Platinum |
koz |
172 |
150 |
15% |
322 |
380 |
-15% |
|
Polar Division |
koz |
88 |
55 |
62% |
143 |
114 |
25% |
|
Kola MMC, including |
koz |
83 |
95 |
-12% |
179 |
266 |
-33% |
|
from own Russian feed |
koz |
83 |
95 |
-12% |
179 |
266 |
-33% |
|
from 3d parties feed |
koz |
0 |
0 |
- |
0 |
0 |
- |
|
Bystrinsky GOK ( Russia, Zabaykaisky Krai)
2 |
|
|
|
|
|
|
|
|
Copper |
t |
15119 |
15140 |
0% |
30259 |
20253 |
49% |
|
Gold |
koz |
58 |
56 |
3% |
114 |
87 |
31% |
|
Iron ore concentrate |
kt |
491 |
381 |
29% |
872 |
505 |
73% |
|
Norilsk Nickel Harjavalta (Finland) |
|
|
|
|
|
|
|
|
Nickel, including |
t |
16519 |
16614 |
-1% |
33133 |
29643 |
12% |
|
from own Russian feed |
t |
16126 |
15990 |
1% |
32116 |
27702 |
16% |
|
from 3d parties feed |
t |
393 |
624 |
-37% |
1017 |
1940 |
-48% |
|
Copper, including |
t |
1196 |
200 |
498% |
1396 |
7891 |
-82% |
|
from own Russian feed |
t |
1179 |
127 |
828% |
1306 |
7687 |
-83% |
|
from 3d parties feed |
t |
17 |
73 |
-77% |
90 |
204 |
-56% |
|
Palladium, including |
koz |
6.1 |
0.6 |
968% |
6.7 |
36.3 |
-82% |
|
from own Russian feed |
koz |
5.9 |
0.1 |
5820% |
6 |
34.2 |
-82% |
|
from 3d parties feed |
koz |
0.2 |
0.5 |
-64% |
0.6 |
2.1 |
-70% |
|
Platinum, including |
koz |
1.1 |
0.1 |
842% |
1.3 |
8.2 |
-85% |
|
from own Russian feed |
koz |
1.1 |
0 |
- |
1.1 |
6.6 |
-84% |
|
from 3d parties feed |
koz |
0.1 |
0.1 |
-33% |
0.2 |
1.6 |
-88% |
|
Nkomati (South Africa)
3 |
|
|
|
|
|
|
|
|
Nickel |
t |
1337 |
1289 |
4% |
2626 |
3792 |
-31% |
|
Copper |
t |
581 |
556 |
4% |
1137 |
1971 |
-42% |
|
Palladium |
koz |
6 |
7 |
-15% |
13 |
19 |
-32% |
|
Platinum |
koz |
3 |
3 |
11% |
6 |
8 |
-29% |
Source:
Nornickel |
(To contact the reporter on this story: jemma.shang@steelhome.cn or 86-555-2238875 18155520624) |
