Norilsk Nickel said on Thursday its full-year core earnings jumped 37% in 2021 thanks to higher revenue from surging metal prices and the sale of stockpiled palladium left over from 2020. Nornickel, the world's largest producer of palladium and high-grade nickel, said earnings before interest, tax, depreciation and amortisation (EBITDA) rose to $10.5-billion from $7.7-billion the year before. The company was hit by lower output at two of its Arctic mines last year after flooding stopped production for several months. An accident at a processing plant last February also hampered production. Its Oktyabrsky mine ... (full story)