Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces preliminary consolidated production results for the fourth quarter and the full year 2023 and production outlook for the full year 2024. Senior Vice-President — Operational Director, Sergey Stepanov commented on the production results, “In 2023, the Company slightly decreased the output of all key metals, except for platinum, as a result of lower mined rich and cuprous ...

Nornickel has moved the development of products for mining and geological modelling and planning to Yandex Cloud’s infrastructure, development and data platform services. The cloud infrastructure was deployed within the shortest time possible. Previously, the Company had used in-house servers for these purposes. As a result, some of ML-related processes have been accelerated by as much as 18%. Nornickel has switched to Yandex Cloud products not only to meet its internal needs, but also to develop ...

— Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper presents the eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Nickel In early 2023, nickel has been the worst performer among base metals on the London Metal Exchange (LME). This was caused not only by a 45% price increase in 2022 and a subsequent correction, but also by worsening market ...

Nornickel , the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper presents the eleventh review of the nickel and platinum group metals ( PGM ) markets based on the fundamental analysis of world economic and industry data. Nickel In early 2023, nickel has been the worst performer among base metals on the London Metal Exchange (LME). This was caused not only by a 45% price increase in 2022 and a subsequent correction, but also by worsening ...