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. Last Updated: 07/27/2016

No Norilsk PGM Rise

MOSCOW -- Major Russian metals producer Norilsk Nickel has no plans to raise platinum-group metals output in the next 10 years, Interfax reported Friday.

It did not disclose the source of information and Norilsk's press service declined to comment on the report, saying PGM information was secret.

Interfax said the announcement was made by Norilsk's management at a meeting with South Africa's Standard Bank this week, also attended by Economics Ministry officials.