Oct 6. Norilsk Nickel’s net profit under IFRS dropped 33% y-o-y to USD 2.68 bn in 1H 2008 due to lower metal prices and rising salaries in Russia. Revenue rose 5% to USD 8.31 bn in the reporting period, the metal maker said. The world’s largest nickel and palladium producer saw a 38% decline in selling prices for nickel, which...
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