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Nornickel Reports 2019 Results-The 21st China (Guangzhou ) Int’l Casting product Exhibition
3/3/2020  casting expo-Die-casting expo-foundry expo
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    World’s leading palladium, platinum, nickel and copper Norilsk Nickel has reported audited c financial results for the full year ended December 31, 2019. Consolidated revenue increased 16% YoY to USD 13.6 billion owing to higher production volumes of all key metals and growth of palladium and nickel prices. EBITDA expanded 27% YoY to USD 7.9 billion owing to higher metal revenue and tight control of operating expenses, with EBITDA margin reaching 58%. Reported EBITDA includes negative impact of the USD 190 million provisions accrued in respect of the upcoming shutdown of certain production facilities at Kola Division

EBITDA generated by the Bystrinsky project that was fully commissioned in September 2019 amounted to USD 349 million

CAPEX decreased 15% y-o-y to USD 1.3 billion owing to the completion of large investment projects in 2018

The Company made final investment decisions on strategic growth projects such as the expansion of the Talnakh concentrator (TOF-3 project) and the development of South Cluster mining project and also updated its environmental programme, which is scheduled to go into active construction phase in 1H2020 铸件展-铸件采购会-国际铸件展-2020第二十一届广州国际铸件展会-巨浪展览 -The 21st China (Guangzhou ) Int’l Casting product Exhibition -Casting product Exhibition, 2020 casting product Exhibition, China Casting product Exhibition, Casting Exhibition, China Casting Exhibition, 2020 Casting Exhibition, Casting product Expo, 2020 casting product Expo, China Casting product Expo, Casting Expo, China Casting Expo, 2020 Casting Expo, 
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