Russia’s Norilsk Nickel (Nornickel), the world’s largest palladium producer, said on Wednesday its output of palladium and nickel from Russian raw material would increase in 2019.
Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal, said previously it would ramp up output by 2025 to tap an expected boom in demand from electric vehicle makers.