[ferro-alloys.com]PJSC MMC Norilsk Nickel, the largest palladium and refined nickel producer in the world, announces today preliminary consolidated production results for the second quarter and the first half of 2019.

In 2Q19, consolidated nickel production was down 4% quarter-on-quarter (q-o-q) to 54 kt.Nickel output from own Russian feed decreased 4% q-o-q to 53 kt due to the annual repairs at Harjavalta refinery normally scheduled in May.

In 1H19, total nickel output increased 6% year-on-year (y-o-y) to 110 kt, while nickel output from own Russian feed increased 5% y-o-y to 108 kt. The growth was attributed to the expansion of carbonyl nickel production capacities at Kola MMC, higher processed volumes of nickel matte produced by the Company in Russia, which were shipped to Norilsk Nickel Harjavalta,and processing of nickel feed supplied by Boliden in accordance with a three-year contract, that enables Norilsk Nickel to utilize Harjavalta refining capacity most efficiently.

(Norilsk Nickel)

• [Editor:王可]