Norilsk Nickelits Reports 8% Drop In Q2 Nickel Output

OAO Norilsk Nickel reported an 8% decline in its second-quarter nickel output. Its quarterly nickel output dropped to 69,639 metric tons. Norilsk's copper production rose 2% to 89,786 metric tons, from 88,456 tons, in the first quarter. Its palladium production surged 12% to 729,000 troy ounces, versus 649,000 ounces. Norilsk's platinum output climbed 12% to 186,000 troy ounces, versus 166,000 ounces.