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Norilsk profit soars on metal boom

RUSSIAN metals giant Norilsk Nickel has reported a 47% jump in profits for 2003 to US$861 million...

Rebecca Keenan

Norilsk's metal sales increased by 68% to US$5.19 billion – up from US$3.094 billion in 2002 – with nickel sales up 37% to 308,000 tons and nickel revenue was up 67%. Copper was also stronger for the...

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