the exploration, mining, and processing of minerals
the production and sale of non-ferrous and precious metals
The Group products are supplied to 37 countries worldwide and purchased by more than 400 partner companies.
Nornickel Group’s core businesses are vertically-integrated metals and mining operations. Since 2020, these businesses have been grouped into divisions, enabling accelerated decision-making and improved accountability of production site management.
The Polar Division and Bear Creek are located on the Taimyr Peninsula — Nornickel’s key resource base.
The Norilsk Division comprises a full production cycle: from ore mining and
Finland-based Norilsk Nickel Harjavalta processes the
GRK Bystrinskoye is a mining and processing plant located in a remote area of the Gazimuro-Zavodsky District, the Zabaykalsky Region.
In 2020, the plant reached its design capacity. It is one of the largest greenfield projects in the industry.
Along with production enterprises, the Group operates a captive sales network, fuel and energy assets, transport assets, a range of R&D facilities, as well as a unique Arctic cargo fleet.
Nornickel’s business model is attractive thanks to a rich resource base with a high content of all key metals in the ore, and low cash cost vs peers.
Company securities are among the most liquid instruments in the Russian stock market and abroad. In Russia, MMC Norilsk Nickel shares are included on the First
In September 2020, Nornickel successfully placed its
In 2020, the Company returned USD 4.2 billion to shareholders in dividends.
In 2021, Nornickel presented its sustainability strategy to 2030. The Company dramatically reviewed its approaches to environmental risk management, water stewardship, biodiversity restoration, and climate change, with clear targets set for each of these areas.
The holistic strategy aims to expand the environmental agenda and set new targets for greenhouse gas emissions:
Another key objective of the strategy is the ongoing Sulphur Project 2.0, aimed at driving a 10x cut in sulphur dioxide emissions in Norilsk by 2025, achieving net zero in the Russia—Norway border area, and securing a 7x drop in emissions at Kola MMC in 2021.
Nornickel is guided by its social mission and adheres to the principles of corporate social responsibility in building effective relationships with society as a whole, with local communities in the regions of operation, and with Company employees.
The Company is one of the most responsible employers in Russia. As at
In 2019, Forbes Russia lauded Nornickel as the most attractive employer in the country, and in 2021, the Randstad Employer Brand Research named Nornickel the most recognisable and attractive employer in the global metals and mining industry.
Nornickel also addresses its social agenda via initiatives aimed at promoting the sustainable development of its operating regions. In 2020, the Company signed a four-party agreement on the social and economic development of Norilsk. In 2021, Nornickel signed an agreement on partnership and collaboration with the Kola Sámi Association, and an addendum to its master agreement with the Association of Indigenous Peoples of Taimyr.
Nornickel is a partner of the International University Sports Federation (FISU), the Russian Olympic Committee, the Futsal Association of Russia, the Futsal to Polar Schools nationwide project, the Russian Ice Hockey Federation, the Night Hockey League, the World Legends Hockey League, the Russian Curling Federation, and the Arctic Curling Cup international tournament held annually in Dudinka. In addition, Nornickel owns CSKA, a professional basketball club, and the Norilsk Nickel futsal club. The Company opened the Ayka sports arena in Norilsk in 2020 and the Tula Arena in Tula in 2021.