Norilsk Nickel announced Production Results for the fourth quarter and year ended of 2015. For the quarter, the company reported production was 16% quarter-on-quater to 72,653 tonnes compared to 62,463 tonnes in last quarter.

For the year, the company reported produced 266,406 tonnes in 2015, 3% less than in 2014 compared to 274,248 tonnes. The decrease in nickel output was driven mostly by the ongoing reconfiguration of production facilities at Polar division, reduction of low-margin tolling operations at Kola MMC as well as the deconsolidation of Tati Nickel owing to its divestiture in second quarter of 2015.