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Nornickel expects to resume full production at flooded mine this month

Russia's Nornickel said on April 12 it would fully restart operations this month at one of two major mines hit by flooding, earlier than previously expected.

The company partly suspended operations at the mines in February after detecting subterranean water flowing into one of them, which reduced its 2021 output forecast by 15%-20%.

"The company has resumed production at the Oktyabrsky mine after successfully dealing with the flood. The mine's workings have been drained, mining operations are restarting ahead of schedule," it said in a statement.

The Oktyabrsky mine will resume full production by the end of April and is already running at 60% capacity, the company said. It previously expected full output to resume in early May. The Taimyrsky mine is scheduled to resume production in early June.