Nornickel reports 1H2020 interim consolidated IFRS financial results
(WorldNews Finland)

Moscow, August 11, 2020 - PJSC MMCMining and Metallurgical CompanyPublic Joint Stock Company `Mining and Metallurgical Company `Norilsk Nickel`Go to the glossaryGo to the glossaryNorilsk Nickel, the world`s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, reports interim consolidated IFRSInternational Financial Reporting StandardsGo to the glossaryfinancial results for six months ended June 30, 2020. 1H2020 HIGHLIGHTS Consolidated revenue increased 7% y-o-y to USD 6.7 billion owing to higher prices of palladium, rhodium and gold as well as the ramp-up of Bystrinsky project; EBITDA decreased 51% y-o-y to USD 1.8 billion due to...