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Polymetal profits soar but flags higher costs, inflation in '21

Polymetal flags 'above-CPI inflation' in 2021

Oonagh Reidy
Polymetal's adjusted EBITDA leapt 57% to US$1.6 billion in 2020

Polymetal's adjusted EBITDA leapt 57% to US$1.6 billion in 2020 | Credits: Solidcore

Adjusted EBITDA leapt 57% to US$ 1.6 billion year-on-year driven by higher production, lower cash costs and strong gold and silver prices, with realised prices up 27%, on average, last year.    The...

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