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WKN: A140M9 ISIN: US55315J1025 Ticker-Symbol: NNIC 
Tradegate
07.05.21
21:11 Uhr
30,400 Euro
+0,600
+2,01 %
Branche
Rohstoffe
Aktienmarkt
Russian D. Index
1-Jahres-Chart
MMC NORILSK NICKEL PJSC ADR Chart 1 Jahr
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MMC NORILSK NICKEL PJSC ADR 5-Tage-Chart
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30,00030,35009.05.
30,10030,40007.05.
Dow Jones News
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MMC Norilsk Nickel: Production recovery at Oktyabrsky mine is ahead of schedule

DJ PRODUCTION RECOVERY AT OKTYABRSKY MINE IS AHEAD OF SCHEDULE

MMC Norilsk Nickel (MNOD) 
PRODUCTION RECOVERY AT OKTYABRSKY MINE IS AHEAD OF SCHEDULE 
12-Apr-2021 / 12:30 MSK 
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 
(MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
PRESS RELEASE 
Public Joint Stock Company «Mining and Metallurgical Company «NORILSK NICKEL» (PJSC "MMC "Norilsk Nickel", "Nornickel" 
or the "Company") 
 
PRODUCTION RECOVERY AT OKTYABRSKY MINE IS AHEAD OF SCHEDULE 
Moscow, April 12, 2021 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major 
producer of platinum and copper, announces that the Company has resumed production at the Oktyabrsky mine after 
successfully dealing with the flood. The mine's workings have been drained; mining operations are restarting ahead of 
schedule. 
The plan to restore normal operations has been updated. The Oktyabrsky mine (5.0 mtpa of ore) is expected to resume 
production in full by the end of April. Today, the mine's capacity has already reached 60% of the target level. The 
expected date of production restart at the Taimyrsky mine (4.3 mtpa of ore) remains unchanged and is scheduled for 
early June. 
Nikolay Utkin, Senior Vice President and Head of the Norilsk Division, commented: "Our strategy to backfill the entire 
perimeter of the workings extensively has paid off - water inflow has been stopped. We are now focused on water 
discharge and accelerated production restart in compliance with all industrial safety and environmental standards." 
The Norilsk Concentrator is currently undergoing an inspection by the Federal Service for Environmental, Technological 
and Nuclear Supervision (Rostekhnadzor) and the Company's internal auditors. The copper circuit (4 mtpa of ore 
throughput) resumed operations on March 15th after suspension for inspections and repairs. The Company has developed a 
plan to gradually restore operation of the disseminated ore processing circuit (approximately 5.2 mtpa of ore 
throughput), which was idled after the incident on February 20th. The disseminated circuit (and with it the entire 
concentrator) is expected to return to full capacity by October 2021. This tentative date allows for the time that may 
be required to satisfy regulatory requests. 
Nornickel will announce an updated metal output guidance for FY 2021 once the plan to step up safety and reliability of 
the Norilsk Concentrator has been finalised. 
 
This announcement contains inside information in accordance with Article 7 of EU Regulation 596/2014 of 16 April 2014. 
Full name and position of person making the announcement - Vladimir Zhukov, Vice - president, Investor Relations 
 
ABOUT THE COMPANY 
MMC Norilsk Nickel is a diversified mining and metallurgical company, the world's largest producer of palladium and 
high-grade nickel and a major producer of platinum and copper. The company also produces cobalt, rhodium, silver, gold, 
iridium, ruthenium, selenium, tellurium, sulphur and other products. 
The production units of Norilsk Nickel Group are located at the Norilsk Industrial District, on the Kola Peninsula and 
Zabaykalsky Krai in Russia as well as in Finland and South Africa. 
MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges, ADRs are traded over 
the counter in the US and on the London, Berlin and Frankfurt Stock Exchanges. 
Media Relations:   Investor Relations: 
Phone: +7 (495) 785 58 00  Phone: +7 (495) 786 83 20 
Email: pr@nornik.ru   Email: ir@nornik.ru 
 
=---------------------------------------------------------------------------------------------------------------------- 
ISIN:     US55315J1025 
Category Code: MSCH 
TIDM:     MNOD 
LEI Code:   253400JPTEEW143W3E47 
Sequence No.: 98477 
EQS News ID:  1183529 
 
End of Announcement EQS News Service 
=------------------------------------------------------------------------------------ 
 

(END) Dow Jones Newswires

April 12, 2021 05:31 ET (09:31 GMT)

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© 2021 Dow Jones News
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