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Nornickel, the world's largest nickel producer, intends to increase copper and nickel production


On November 22, Vladimir Potanin, chief executive and chief shareholder of Norilsk Nicke, a Russian nickel and palladium producer, planned to increase production in the next five years in return for the growth of electric car manufacturers'expectations, according to media reports. If two new projects are launched, the company may use 15% of its nickel and copper production and 20% of its platinum group metals (PGMs) production from 2017 to 2025.