PJSC MMC Norilsk Nickel reported consolidated production results for the first quarter of 2016. Consolidated copper production amounted to 87 kt decreasing 3% y-o-y. Copper output from the Company's own Russian feed reached 85 kt, down 1% y-o-y. The reduction was mainly attributed to lower copper content in mined ore. Palladium and platinum output amounted to 642 koz (up 1% y-o-y) and 171 koz (up 4% y-o-y), respectively. Nickel production amounted to 64 kt decreasing 6% year-on-year (y-o-y).

For 2016, the company expects nickel production between 206 kt to 212 kt, copper production between 342 kt to 352 kt, palladium production between 2,296 kt to 2,392 kt, platinum production between 542 kt to 586 kt.