80 Years of Nornickel

  • 1935

    The USSR Council of People’s Commissars resolved to build Norilsk Plant.

  • 1942

    The first batch of converter matte was produced, with Norilsk Plant opening a Nickel ElectrolysisElectrochemical oxidation/reduction processes in electrolyte-immersed electrodes driven by electric current from external sources.Go to the glossary Shop in 1943.

  • 1953

    Norilsk was granted the status of a town, with Norilsk Plant producing 35% of nickel, 12% of copper, 30% of cobalt and 90% of PGMPlatinum group metals taken as a whole or in any combination of platinum, palladium, rhodium, ruthenium, osmium and iridiumGo to the glossary from the Soviet Union’s total metal output.

  • 1960

    The Talnakhskoye Field, the world's largest deposit of copper-nickel ores, was discovered giving a new lease of life to Norilsk Plant. Works started to build mines and the town of Talnakh on the Taimyr Peninsula.

  • 1965

    The Oktyabrskoye Field, a deposit of copper-nickel ores, was discovered.

  • 1981

    Nadezhda Metallurgical Plant and the first stage of Talnakh Concentrator were put on stream.

  • 1993

    A decree of the President of the Russian Federation transformed the Norilsk Nickel State Concern for the Production of Precious and Non-Ferrous Metals into Russian Joint Stock CompanyPublic Joint Stock Company "Mining and Metallurgical Company "Norilsk Nickel"Go to the glossary (RJSC) Norilsk Nickel for the Production of Precious and Non-Ferrous Metals.

  • 1994

    RJSC Norilsk Nickel's assets were privatised.

  • 2001

    The Company was restructured, with shareholders of RJSC Norilsk Nickel exchanging 96.6% of their stock to the shares of MMCMining and Metallurgical CompanyGo to the glossary Norilsk Nickel. The Company's shares were listed on the RTSRussian Trading SystemGo to the glossary and MICEXMoscow Interbank Currency ExchangeGo to the glossary stock exchanges, while, in June, the Company started issuing LevelAll workings located at a specific level and designated for mining.Go to the glossary-1 ADRAmerican Depositary Receipt; a security representing partial ownership in deposited securities of a foreign company certified by receipts issued by a US depositary bankGo to the glossarys with MMC Norilsk Nickel shares as the underlying asset.

  • 2006

    NornickelOpen Joint Stock Company "Mining and Metallurgical Company "Norilsk Nickel” and its subsidiariesGo to the glossary obtained a follow-up exploration licence for the Maslovskoye Field and in four years from then entered its reserves into the government books as follows: 728 kt of nickel, over 1.1 mt of copper, 12.5 m oz of platinum and 1.3 m oz of gold.

  • 2009

    The Company created its own icebreaker fleet of reinforced ice class vessels having the distinction of being the first Arctic shipping vehicles to be awarded the highest ARC 7 ice class.

  • 2013

    Vladimir Potanin's team changed the management structure of Nornickel. The Board of Directors adopted a new development strategy. The Company decided to focus on the Tier-1 assets of Polar Division and Kola MMCKola Mining and Metallurgical CompanyGo to the glossary.

  • 2014

    Disposal of overseas and non-core assets: the Company sold its Western Australian gold mining assets (North Eastern Goldfields Operations (NEGO)), nickel assets (Lake Johnston, Cawse, Avalon, Black Swan and Silver Swan), and stakes in energy companies.

  • 2015

    The Company piloted Stage 1 of Talnakh Concentrator in Norilsk.

    Norilsk Nickel celebrated its 80th anniversary marking the 80 years of exploring the Russian Arctic. Russian President Vladimir Putin commended MMC Norilsk Nickel’s team for their valuable contribution to the development of the Russian metals industry and excellent operating performance.

  • 2016

    The Nickel Plant shutdown project was completed, which helped cut sulphur dioxide emissions in Norilsk and thereby mitigate the environmental impact.

    The Company completed rebranding: the new Nornickel logo symbolises the ongoing changes, while Aspirations and Reliability were chosen as the Company’s key attributes.

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