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OFFON

MINING AND METALLURGICAL COMPANY NORILSK NICKEL

(MNOD)
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NORNICKEL HAS RESUMED ORE MINING AT TAIMYRSKY MINE

06/04/2021 | 04:32am EDT
MMC Norilsk Nickel (MNOD) 
NORNICKEL HAS RESUMED ORE MINING AT TAIMYRSKY MINE 
04-Jun-2021 / 11:30 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") 
 
NORNICKEL HAS RESUMED ORE MINING AT TAIMYRSKY MINE 
Moscow, June 4, 2021 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer 
of platinum and copper, announces that on June 1 the company began to gradually restart ore mining at the Taimyrsky 
underground mine and plans to advance mine's operations to full capacity in the near future. 
Currently, the mine has reached a daily mined volume of 5 kt, which is about 40% of the design capacity. 
"Water from the horizons of the Taimyrsky mine has been pumped out. Today, our main goal is to reinforce the 
underground workings to ensure the safety of our employees. We will be gradually scaling up mining as we take these 
measures. The mine is expected to reach its design capacity of 12,1 kt per day by the end of June 2021," said Nikolay 
Utkin, Senior Vice President of Norilsk Nickel and Head of the Norilsk Division. 
As previously announced, the final stage of recovery operations at the Taimyrsky mine (4.3 mtpa of ore) is expected to 
be fully completed by the end of June. 
 
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.:  109447 
EQS News ID:   1204494 
 
End of Announcement  EQS News Service 
=------------------------------------------------------------------------------------
 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1204494&application_name=news 
 

(END) Dow Jones Newswires

June 04, 2021 04:31 ET (08:31 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.42% 34935.47 Delayed Quote.14.13%
DOW JONES AFRICA TITANS 50 INDEX -0.30% 524.29 Delayed Quote.-0.54%
DOW JONES SOUTH AFRICA(ZAR) -0.35% 1917.51 Delayed Quote.9.10%
KT CORPORATION 0.00% 33800 End-of-day quote.40.83%
MINING AND METALLURGICAL COMPANY NORILSK NICKEL 0.09% 34.56 Delayed Quote.10.77%
MMC CORPORATION BERHAD 2.34% 1.75 End-of-day quote.94.44%
PALLADIUM 0.02% 2660.5 Delayed Quote.8.39%
PLATINUM -0.66% 1049 Delayed Quote.-1.49%
S&P AFRICA 40 INDEX -0.32% 169.63 Delayed Quote.-1.63%
SILVER -0.26% 25.454 Delayed Quote.-3.10%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) -0.13% 73.1213 Delayed Quote.-0.78%
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Financials (USD)
Sales 2021 17 460 M - -
Net income 2021 7 397 M - -
Net Debt 2021 7 361 M - -
P/E ratio 2021 7,36x
Yield 2021 9,90%
Capitalization 54 690 M 54 690 M -
EV / Sales 2021 3,55x
EV / Sales 2022 3,47x
Nbr of Employees -
Free-Float 38,0%
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Mining and Metallurgical Company Norilsk Nickel Technical Analysis Chart | MNOD | US55315J1025 | MarketScreener
Technical analysis trends MINING AND METALLURGICAL COMPANY NORILSK NICKEL
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TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 34,56 $
Average target price 37,45 $
Spread / Average Target 8,35%
EPS Revisions
Managers and Directors
Vladimir Olegovich Potanin President & Chairman-Management Board
Sergey Gennadyevich Malyshev Chief Financial Officer & Senior Vice President
Gareth Peter Herbert Penny Independent Non-Executive Chairman
Sergey Stanislavovich Stepanov Operational Director & Senior Vice President
Sergey Borisovich Bratukhin Independent Director
Sector and Competitors