[Russia's Nornickel: Nickel production decreased by 10% in the first quarter compared with the previous year, palladium production may reach 2.296-2.451 million ounces this year] Russia's metal giant Nornickel said on Monday that its nickel production in the first quarter decreased by 10% year-on-year to 42,000 tons. Nornickel is the world's largest producer of palladium and a major producer of high-grade nickel. The company confirmed its production forecast for 2024, expecting nickel production to decline to 184,000-194,000 tons. Integrated copper production increased by 1% to 110,000 tons.