|
Nickel
In 3Q2020, consolidated nickel production increased 8%
quarter-on-quarter (q-o-q) to 60 kt, almost all of which were produced
from the Company’s own Russian feed (59 kt, +7% q-o-q). The growth was
attributed to the gradual ramp-up of nickel refinery at Kola MMC using
new chlorine-leaching technology and production of nickel concentrate
for sale.
In 9M2020, total nickel output was almost flat year-on-year (y-o-y)
amounting to 168 kt, with almost all of which produced from the
Company’s own Russian feed (166 kt, +1% y-o-y).
In 9M2020, as part of strategic diversification of sales into premium
products, Nornickel increased carbonyl nickel production 34% y-o-y to
3.6 kt.
Copper
In 3Q2020, consolidated copper production decreased 5% q-o-q to 119 kt,
almost all of which were produced from the Company’s own Russian feed.
The decline was driven primarily by scheduled repairs at Talnakh
concentrator in Polar Division.
In 9M2020, total copper output decreased 4% y-o-y to 359 kt, with almost
all of which produced from the Company’s own Russian feed. The decline
was attributed to changes in saleable product mix, reallocation of
copper intermediates within the Company’s divisions and lower processed
volumes of concentrate, which was purchased from Rostec, comparing to
the previous year.
Bystrinsky GOK continued its ramp-up, having increased the output of
copper in concentrate by 48% y-o-y to 46 kt.
|
Norilsk Nickel Group Saleable Metals Production |
Unit |
3Q 2020 |
2Q 2020 |
Q-o-Q |
9M 2020 |
9M 2019 |
Y-o-Y |
|
Total nickel |
t |
60,165 |
55,831 |
8% |
167,753 |
166,948 |
0% |
|
including from own Russian feed |
t |
59,414 |
55,438 |
7% |
165,985 |
164,446 |
1% |
|
Total copper |
t |
118,674 |
124,926 |
-5% |
358,587 |
371,971 |
-4% |
|
including from own Russian feed |
t |
118,623 |
124,909 |
-5% |
358,446 |
371,714 |
-4% |
|
Total palladium |
koz |
783 |
722 |
8% |
2,053 |
2,253 |
-9% |
|
including from own Russian feed |
koz |
782 |
722 |
8% |
2,052 |
2,251 |
-9% |
|
Total platinum |
koz |
190 |
173 |
10% |
513 |
553 |
-7% |
|
including from own Russian feed |
koz |
190 |
173 |
10% |
513 |
551 |
-7% |
|
Polar Division and Kola MMC (Russia) |
|
|
|
|
|
|
|
|
Nickel |
t |
47,483 |
39,312 |
21% |
121,938 |
120,513 |
1% |
|
Kola MMC, including |
t |
47,483 |
39,312 |
21% |
121,938 |
120,513 |
1% |
|
refined Ni from own Russian feed |
t |
40,879 |
37,940 |
8% |
112,079 |
116,180 |
-4% |
|
saleable intermediate products from own Russian feed |
t |
6,604 |
1,372 |
381% |
9,859 |
4,333 |
128% |
|
from 3d parties feed |
t |
0 |
0 |
- |
0 |
0 |
- |
|
Copper |
t |
102,901 |
108,611 |
-5% |
311,159 |
329,305 |
-6% |
|
Polar Division |
t |
85,961 |
94,251 |
-9% |
262,384 |
264,970 |
-1% |
|
Kola MMC, including |
t |
16,940 |
14,360 |
18% |
48,775 |
64,335 |
-24% |
|
Cu cathodes from own Russian feed |
t |
14,280 |
13,770 |
4% |
44,990 |
53,978 |
-17% |
|
saleable intermediate products from own Russian feed |
t |
2,660 |
590 |
351% |
3,785 |
10,357 |
-63% |
|
from 3d parties feed |
t |
0 |
0 |
- |
0 |
0 |
- |
|
Palladium |
koz |
780 |
716 |
9% |
2,044 |
2,204 |
-7% |
|
Polar Division |
koz |
330 |
373 |
-11% |
880 |
754 |
17% |
|
Kola MMC, including |
koz |
450 |
343 |
31% |
1,164 |
1,450 |
-20% |
|
from own Russian feed |
koz |
450 |
343 |
31% |
1,164 |
1,450 |
-20% |
|
from 3d parties feed |
koz |
0 |
0 |
- |
0 |
0 |
- |
|
Platinum |
koz |
190 |
172 |
11% |
511 |
542 |
-6% |
|
Polar Division |
koz |
81 |
88 |
-8% |
224 |
184 |
22% |
|
Kola MMC, including |
koz |
109 |
83 |
30% |
288 |
358 |
-20% |
|
from own Russian feed |
koz |
109 |
83 |
30% |
288 |
358 |
-20% |
|
from 3d parties feed |
koz |
0 |
0 |
- |
0 |
0 |
- |
|
Bystrinsky GOK ( Russia, Zabaykaisky Krai) |
|
|
|
|
|
|
|
|
Copper |
t |
15,520 |
15,119 |
3% |
45,779 |
30,926 |
48% |
|
Gold |
koz |
62 |
58 |
7% |
176 |
128 |
38% |
|
Iron ore concentrate |
kt |
594 |
491 |
21% |
1,466 |
833 |
76% |
|
Norilsk Nickel Harjavalta (Finland) |
|
|
|
|
|
|
|
|
Nickel, including |
t |
12,682 |
16,519 |
-23% |
45,815 |
46,435 |
-1% |
|
from own Russian feed |
t |
11,931 |
16,126 |
-26% |
44,047 |
43 933 |
0% |
|
from 3d parties feed |
t |
751 |
393 |
91% |
1,768 |
2 501 |
-29% |
|
Copper, including |
t |
253 |
1,196 |
-79% |
1,649 |
11,740 |
-86% |
|
from own Russian feed |
t |
202 |
1,179 |
-83% |
1,508 |
11,483 |
-87% |
|
from 3d parties feed |
t |
51 |
17 |
200% |
141 |
257 |
-45% |
|
Palladium, including |
koz |
3 |
6 |
-57% |
9 |
49 |
-81% |
|
from own Russian feed |
koz |
2 |
6 |
-63% |
8 |
46 |
-82% |
|
from 3d parties feed |
koz |
0 |
0 |
135% |
1 |
3 |
-61% |
|
Platinum, including |
koz |
1 |
1 |
-38% |
2 |
11 |
-82% |
|
from own Russian feed |
koz |
1 |
1 |
-52% |
2 |
9 |
-82% |
|
from 3d parties feed |
koz |
0 |
0 |
150% |
0 |
2 |
-81% |
|
Nkomati (South Africa) |
|
|
|
|
|
|
|
|
Nickel |
t |
1,761 |
1,337 |
32% |
4,387 |
4,964 |
-12% |
|
Copper |
t |
898 |
581 |
55% |
2,035 |
2,688 |
-24% |
|
Palladium |
koz |
9 |
6 |
50% |
22 |
26 |
-14% |
|
Platinum |
koz |
4 |
3 |
33% |
10 |
11 |
-10% |
Source:
Nornickel |
(To contact the reporter on this story: jemma.shang@steelhome.cn or 86-555-2238875 18155520624) |
