Norilsk Sees Industry Cuts After Profit Slides to 6-Year LowBy
Nickel and PGM miner posted $4.3 billion Ebitda for 2015
Miner says global output cuts are needed to support price
GMK Norilsk Nickel PJSC, rivaling Vale SA as the world’s biggest nickel producer, expects shrinking industry capacity this year that will help stabilize prices after a rout in the metal cut the mining company’s profit to the lowest level in six years.
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