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Norilsk Nickel


Through the efficient use of natural resources and equity, Nornickel supplies mankind with non-ferrous metals, which make the world a more reliable place to live in and help people realise their aspirations for development and technological progress..


Over the eight decades of working in the harsh ‘Extreme North’ environment, Nornickel's engineers succeeded in creating the cutting-edge technologies that allow the Company to maximize the efficient use of its mineral resources and to maintain the impeccable quality of its products. However, an even more essential part of our legacy is our special qualities that make us capable to reach the most challenging goals, with all of us acting as one, under any circumstances. The essence of these qualities are the values the Company has learned and developed over the years of its history, the values that will always remain vital and never lose their importance for Nornickel:

  • RELIABILITY: The ability to face any challenges while keeping the business successful and prosperous.
  • RESPONSIBILITY: The willingness to deliver on commitments, take decisions and assume the responsibility for their outcomes.
  • EFFICIENCY: The ability to achieve results with a minimum expenditure of time and effort.
  • DEVELOPMENT: The rational expansion and modernization of the production assets, implementation of the leading-edge technologies and improvement of the employees’ professional skills.
  • PROFESSIONAL EXCELLENCE: The ability to achieve results in any conditions or environment.
  • TEAMWORK: The Company’s employees are ready, willing and able to achieve the goals by joining their efforts.
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    Adopted in 2013, Nornickel’s corporate strategy primarily aims to unlock the resource potential of the Taimyr and Kola Peninsulas, improve the Company’s operating efficiency and raise the quality of investment and capital management. In 2013–2017, MMC Norilsk Nickel ran a number of strategic initiatives that fundamentally changed the Company’s technological landscape and can rightly be considered unique and pioneering. In 2017, the Company completed the first cycle of its development strategy. As a result, Polar Division upgraded dramatically its concentration facilities and reconfigured its metal production processes with Nickel Plant shut down. This significantly reduced environmental footprint of the Company in the region.

    Strategic Priorities:
  • Growth based on Tier 1 assets in Russia. Focus on unlocking the potential of Tier 1 assets.
  • Optimal Value Chain Footprint. Focus on the production upgrade and improvement of the cash cost profile, metal recovery and environmental performance.
  • Capital and investment discipline. Focus on maximising shareholder value and reaffirming industry leadership in terms of return on investment.
  • HSE and social responsibility. Focus on lower pollutant emissions and overall improvement of the living and working conditions of employees.
  • 10-year strategic vision

    Owing to its unique commodity basket and the world’s best Tier-1 mining resources, Norilsk Nickel believes that it is best positioned to support the world’s shift to clean mobility.
    Cars’ hybridization and electrification and global tightening of emissions standards are the two megatrends that anticipated to drive significantly higher the demand for the core Norilsk Nickel products through 2030.
    In addition, owing to the technological breakthrough program the knowledge of our vast resource base has materially improved, which enabled a smooth transition to a longer-term planning:
    A strategic ambition has been set for Taimyr operation, holding more than 2 billion tonnes of ore in mineral resources, to increase mined ore volumes by 75% to 30 million tonnes per annum;
    • 2030 strategic ambitions for the annual production of core metals have been set as follows: 15-30% growth of nickel production to 250-280kt, copper — 20-40% growth to 520-560kt, and combined palladium and platinum growth of 30-95% to 160-205 t;
    • Long-term strategic ambitions assume successful development of recently approved South Cluster mining project, realization of new brownfield projects at the core Talnakh deposit, further upgrades and debottlenecking of downstream assets, and phased development of Arctic Palladium JV, that has been confirmed as a Tier-1 asset, but pending the final investment decision and due corporate approvals.
    The management estimates that Norilsk Nickel products in 2030 can supply enough PGMs to produce 25-40 million auto catalytic converters, which combined would lead to a reduction of 170-270 million tons of air pollution over catalysts’ life cycle. In addition, we believe that we could supply enough nickel to produce 3.5-5.5 million nickel-rich EV battery packs, which could reduce global CO2 emissions by 50-100 million tonnes over EV’s life cycle.


    Nornickel's core businesses are based in Russia and have a vertically integrated structure.
    Three main production sites in Russia are:

    • Polar Division of MMC Norilsk Nickel (“Polar Division”); 

    • Kola Mining and Metallurgical Company (“Kola MMC”);

    • Bystrinsky Mining and Processing Plant (“Bystrinsky GOK”), which in 2018 started ramp-up towards the target parameters.

    The Company’s Polar Division is located on the Taimyr Peninsula (Krasnoyarsk Territory) beyond the Arctic Circle. It is linked to other regions by inland waterways (the Yenisey River), marine transport (the Northern Sea Route) and air transport.

    Kola MMC is located on the Kola Peninsula beyond the Arctic Circle. It is the leading industrial facility of the Murmansk Region and is completely integrated into the transport infrastructure of the Northwestern Federal District.

    Bystrinsky GOK is located in the Gazimuro-Zavodsky District of the Trans-Baikal Territory and is linked to other regions by rail.

    In Finland, Norilsk Nickel operates Norilsk Nickel Harjavalta (part of the Group), the country’s only nickel refining plant.

    In South Africa, the Company owns 50% of Nkomati, a nickel mine developed jointly with African Rainbow Minerals.

    MMC Norilsk Nickel runs a global network of representative and sales offices in Russia, China, the USA, and Switzerland.
    • Hypronickel Research Institute LLC in Saint Petersburg, with two branches in Norilsk and Monchegorsk.
    • Norilsk Process Technology, a technology research subsidiary in Australia


    Since 2005, Nornickel has implemented and successfully operated an ISO 9001 certified quality management system integrated with an environmental management system. The certified quality management system provides a guarantee that the Company is able to produce needed products meeting applicable requirements and consumers’ desires, in the safest and most effective manner on a long-term basis.

    In line with ISO 14001:2015, the Company confirms the EMS compliance with the standard by engaging Bureau Veritas Certification (BVC) to conduct surveillance audits once a year and recertification audits every three years. In October–November 2019, Nornickel successfully passed a surveillance audit of its CISM. BVC auditors confirmed CISM compliance with ISO 14001:2015 and ISO 9001:2015.


    The Company’s securities are the most liquid instruments on domestic and foreign equity markets.

    OJSC Norilsk Nickel MMC’s securities are traded:

    • In Russia on MICEX (the Moscow Interbank Currency Exchange) and on the Russian Trading System (RTS) Stock Exchange 
    • Company ADRs are traded over the counter (OTC) in the US, and electronically in over-the-counter trading sections of the London, Frankfurt and Berlin stock exchanges.


    Social and environmental responsibility are pillars of Norilsk Nickel MMC’s strategy of sustainable and efficient business development and the guiding principle in day-to-day operations.   

    Nornickel has carried out a global ecological program since 2013. The first stage was completed successfully in 2016 with the Nickel Plant’s shut down. The smelting of nickel concentrate was then moved to the NMP, the capacities of which were improved to 2.4 million tonnes. The Talnakh Enrichment Plant was also modernised, its production capacities improved by more than 35%, producing up to 10.2 million ores per year. This modernisation improved the metal content in the concentrate and reduced sulphur dioxide emissions. 

     In 2018 Nornickel launched the second stage - the Sulfur Project that targets the reduction of sulfur dioxide emissions. The project involves the construction of sulfurcapturing facilities at Nadezhda metallurgical plant, production of sulfuric acid with its further neutralization with limestone to produce gypsum as well as the upgrade of sulfurcapturing facilities at the Copper Plant. The project has been designed by a Russian engineering firm and is based on the domestic equipment and technologies. The total capital expenditures budgeted for the Sulfur Project are estimated at approximately USD 2.5 billion, with the project completion scheduled by 2023.

    Norilsk Nickel's comprehensive environmental programme includes strategic goals:
    • reduce SO2 emissions on the Kola site by 85%;
    • reduce SO2 emissions at Polar Division by 90% by 2025 and by 95% by 2030.

    Norilsk Nickel has been making good on its promise to rehouse residents of the Norilsk industrial area. It operates full-scale retirement programs, provides employee health and wellness benefits, runs corporate and public athletic programs, provides additional benefits, and also offers career counseling. The Our Home and My Home Programs are designed to attract and retain professionals in high-demand occupations to work in the Far North. 

    Press Center
    Основатель «Интерроса» Владимир Потанин рассказал рассказал в интервью РБК о влиянии западных санкций на бизнес и на него лично, а также оценил идею конфисковать активы у иностранцев и уехавших россиян.
    From May 1 to December 31, 2023, Digital Assets Company, under an agreement with Project Services LLC, will acquire up to 0.27% of Norilsk Nickel shares to implement the Digital Investor incentive program. The value of the shares to be purchased is estimated at 6.28 billion rubles.
    The Financial University under the Government of the Russian Federation conducted a sociological study to determine to what extent Russians are aware of digital rights and how they relate to various digital services. The study was conducted with the participation of the Lomonosov Scientific Project and with the support of the Interros Group.
    “Confiscation is a covert or overt form of theft, therefore it destroys the investment climate in the jurisdiction in which it occurs,” — said Vladimir Potanin, head of Interros and president of Norilsk Nickel, in an interview with RBC.
    Tech-savvy insurance company BestDoctor and Rosbank Insurance, part of the Interros Group, are negotiating integration to create a leading company in the Russian insurance market