Company profile

The Norilsk Nickel Group (the Group) is Russia’s leading metals and mining company, the largest palladium and refned nickel producer in the world, and a major producer of platinum, copper and cobalt. In addition, the Group produces rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, and sulphur.

For more details on the asset structure, please see section The Group structure: main assets.
Through the effcient use of natural resources and equity, we supply 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.
Company profile
Mineral resources  The Company’s reserves and resources as at 31 December 2018 are reported according to the JORC Code, include wholly owned international assets and exclude mineral deposits in Chita region.

Nornickel exploits a unique mineral resource base of Tier I mining assets representing one of the world’s richest reserves of metals based on size and relative grades. Moreover this resource base is virtually unrivalled in terms of the range of metals such as nickel, copper and a full range of PGMs and other precious metals.

For more details on the Company’s reserves and resources, please see section Resources and reserves.

Proven and probable reserves
785 mt of ore
  • 6,9 mt of nikel
  • 12,1 mt of copper
  • 3,8 kt of PGM
    (123 moz)
Measured and indicated resources
2209 mt of ore
  • 15,3 mt of nikel
  • 23,5 mt of copper
  • 8,2 kt of PGM
    (123 moz)
The Group's assets
  • Russia. Polar Division, Medvezhy Ruchey (100% stake), Kola MMC (100% stake), GRK Bystrinskoe (Bystrinsky GOK, 50.01% stake).
  • Finland. Norilsk Nickel operates Norilsk Nickel Harjavalta (100% stake), a nickel refnery facility that was acquired by the Group in 2007. The refnery is fully integrated into the Group’s production flow, processing the Group’s Russian feedstock.
  • South Africa. The Group owns 50% of Nkomati, which operates a nickel mine of the same name. The co-shareholder of the company is African Rainbow Minerals.
Nornickel's ranking in the global metals industry
MARKET SHARE  Market share of palladium, nickel, platinum and rhodium calculated on the basis of production refned metals and of the copper and cobalt — the basis of metals contained in ore mined.
No. 1

in palladium (39%)

No. 1

in nickel refned (23%)

No. 4

in platinum (10%)

No. 4

in rhodium (8%)

No. 8

in cobalt (3%)

No. 11

in copper (2%)

In addition to the production facilities, the Group operates:

Сaptive global sales network

Fuel and energy assets

A wide range of R&D facilities

River fleet, river and sea port terminals, and a unique Arctic cargo sea fleet

Nornickel implements an unprecedented environmental program aimed at improving the environmental situation in Russia and in the world

For more details on environmental programm, please see section Environment and biodiversity.