Nickel and palladium: Russia’s Nornickel expects a further drop in production this year

Russian metals producer Nornickel said it expects a further decline in nickel and palladium production this year due to adverse geopolitical risks and postponements of furnace repairs, following a drop in production in 2023. CEO Vladimir Potanin said last year that sanctions had limited Nornickel's development, even as Western governments refrained from directly targeting Nornickel […]