MMC Norilsk Nickel reported consolidated production results for the fourth quarter and full year of 2016. For the quarter, the company's palladium and platinum output amounted to 633,000 oz, down 3% quarter on quarter, and 154,000 oz, down 2% quarter on quarter, respectively. For the year, the company produced 2.618 million ounces of palladium, 3% less than in 2015. Platinum production declined 2% to 644,000 oz last year. The decrease of palladium and platinum output was due to the reconfiguration of downstream production facilities.