The Ukraine-focussed miner saw a hit from higher costs and lower production volumes as it grappled with inflationary woes and energy prices.

Platinum prices have fallen from a 9-month high of $1,179.81/oz in March to around $900.

Smelting activity was hit by weakness in China and the biggest mining region South America.

Nornickel's first-half sales of nickel fell by 6%, palladium by 4% and platinum by 18%.

Analysts are forecasting record profits and returns when Glencore reports on Thursday.

Mining companies seem to be sleepwalking into a catastrophic shortage of skills.

New report shows growing disconnect between rhetoric on energy transition, which requires exponential growth in copper mining, and the realities of going green.