Norilsk Nickel reports leap in net profit of over 80%
The world’s largest palladium producer says first-half net profit jumped to $3bn as London palladium prices rose 40%
20 August 2019 - 17:57
Moscow — The global palladium market will remain in structural deficit in 2019, Russia’s Norilsk Nickel said on Tuesday as it reported an 81% leap in first-half net profit.
Norilsk Nickel, the world’s largest palladium producer, said that first-half net profit jumped to $3bn as London palladium prices rose 40%. Palladium prices hit a three-week high in London on Tuesday...
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