Focus on communities: Nornickel inks agreement with Ethnic Affairs Agency at Arctic Forum

Nornickel has signed a strategic agreement at the International Arctic Forum in a bid to improve the quality of life for Arctic communities. The agreement, concluded with Russia’s Federal Agency for Ethnic Affairs (FAEA), extends cooperation in supporting indigenous peoples. This initiative highlights the human-centric approach of the forum, titled "People in the Arctic," and reaffirms Nornickel’s role as a key investor in the sustainable development of northern territories. The new agreement ...
31 March 2025., 11:01   comment

Nornickel plans to launch joint venture for copper mining

On the sidelines of the Russian Union of Industrialists and Entrepreneurs Congress held in Moscow last week, Nornickel’s President Vladimir Potanin informed journalists that agreements with Chinese partners to establish a joint venture for copper mining are expected to be finalized shortly. Mr. Potanin noted that the process is underway, but discussing details would be premature. The company has secured government support for its strategic development concept, which includes cooperation with ...
25 March 2025., 09:44   comment

Nornickel and Krastsvetmet have presented glass feeders with palladium to Chinese fiber glass producers

Nornickel is the world’s largest palladium supplier, and Krastsvetmet, is one of the world’s leading producers of precious metals and related products, showcased a new glass feeders technology with palladium alloy in Shanghai. This innovation is expected to significantly reduce ownership and maintenance costs for fiberglass producers. The presentation supported by the China Precious Metals Industry Committee (CPMIC), brought together key industry players, including the China Forging Industry ...
21 March 2025., 13:24   comment

Nornickel and Krastsvetmet have presented glass feeders with palladium to Chinese fiber glass producers

Nornickel is the world’s largest palladium supplier, and Krastsvetmet, is one of the world’s leading producers of precious metals and related products, showcased a new glass feeders technology with palladium alloy in Shanghai. This innovation is expected to significantly reduce ownership and maintenance costs for fiberglass producers. The presentation supported by the China Precious Metals Industry Committee (CPMIC), brought together key industry players, including the China Forging Industry ...
21 March 2025., 13:18   comment

Technological support is needed for the development of rare earth metal deposits

"Most rare earth metal (REM) deposits in Russia are understudied, and their development could benefit from technological support from foreign partners," said Vladimir Potanin, Head of Nornickel, in a statement to journalists. "I believe that since these projects are complex, technological support from various partners would be beneficial," He replied to the questions about the cooperation with foreign partners in the development of these resources. Russian Federation plans to reduce its reliance ...
20 March 2025., 10:03   comment

Nornickel has become the leader of mining and metallurgical industries according to RAEX rating agency

The RAEX rating agency has published the ESG ranking, based on data analysis of 144 companies for the end of 2024. Nornickel has become the leader of mining and metallurgical industries. ESG-ranking assesses an efficiency of implementation and adherence to green practices development. Leader in the environmentally friendly practices Nornickel earned 81,5 points (the industry average is — 59,25, upon ranking— 33,52). Leading positions have provided: Efficient management of environmental risks; ...
19 March 2025., 10:00   comment

Nornickel announces consolidated production results for 2024

Nornickel, the world’s largest producer of palladium and Class I nickel and a major producer of platinum and copper, announces preliminary consolidated production results for the fourth quarter and the full year 2024 and production outlook for the full year 2025. Senior Vice-President — Operating Director, Alexander Popov commented on the production results, “In 2024, the output of all key metals exceeded our production guidance as a result of improved operating efficiency. In 2024, the Company ...
29 January 2025., 12:38   comment

Nornickel updates policy to strengthen ties with indigenous communities

Nornickel’s Board of Directors approved an updated policy for engaging with indigenous peoples. Developed with input from independent experts and through consultations with indigenous communities and associations, the new policy integrates international standards, United Nations guidelines, and best practices. It outlines procedures for interaction, due diligence measures, and emphasizes the UN-backed principle of free, prior, and informed consent. The policy acknowledges the vulnerability of ...
10 September 2024., 09:05   comment

Nornickel announces Consolidated Production Results for 1Q 2024

Nornickel, the world’s largest producer of palladium and Class I nickel and a major producer of platinum and copper, announces preliminary consolidated production results for the first quarter of 2024 and full year 2024 production outlook. In 1Q 2024, the Company increased the output of palladium and copper as compared to the same period of last year. The temporary decrease in nickel production was attributed to accumulation of work-in-progress inventory, which will be processed in the second ...
21 May 2024., 14:38   comment

Nornickel announces stock split

Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces stock split. As a result of this operation one share is converted into 100 shares of the same category. Earlier, an Extraordinary General Meeting of Shareholders (EGM) approved the decision to split the Company’s ordinary shares at a ratio of 100. The shares have been converted on April 4, 2024 in accordance the records in accounts opened by the registrar responsible ...
23 April 2024., 14:21   comment