Norilsk Nickel Group profile

GRI 2‑1, 2‑6

Norilsk Nickel Group is a diversified mining and metals holding company, the world’s leading producer of palladium and metallic nickel and a major global producer of platinum, copper, and other low carbon footprint metals essential for the low‑carbon economy and green transport.

Hunting

Nornickel’s products

Position in the industry

Nornickel is the largest group of companies in the Russian Arctic. Its companies serve as a mainstay of local economies at five cities and towns: Norilsk, Dudinka, Monchegorsk, and Zapolyarny.

28 countries
receive supplies of Nornickel’s products
376
customers from across the globe
Reserves‑to‑production ratio at the current production level
>70 years
(Norilsk and Kola Divisions)
>20 years (Trans‑Baikal Division)
Proven and probable ore reservesThe key changes are driven by increased disseminated ore prices as compared to refining costs following macroeconomic outlook adjustments. The decline in proven rich ore reserves is attributable to developing deposits.
1 267 mt Norilsk and Kola Divisions
283 mt Trans‑Baikal Division

Nornickel’s competitive strength is its vertical integration, including a unique mineral resource base, full production cycle, from ore mining to refining, along with its own energy, transportation, and production support assets, as well as R&D capabilities.

Nornickel’s contribution to the International Cooperation and Exports national project

Relevant UN SDGs

Related federal projects

Industrial Exports

International Trade and Logistics

Nornickel’s key business areas

Metal product exports

Development of the ice‑breaking fleet and transportation along the Northern Sea Route

Transport accessibility in far‑flung regionsFor more details, please see the Transport Accessibility in Remote Locations section.

Factory

Norilsk Nickel Group

As at the end of 2023, Nornickel Group comprised over 90 business unitsIncluding Russian and international business units.. Part of Group companies and branches were clustered into five main divisions responsible for operating and support activities: Norilsk, Kola, Trans‑Baikal, Energy, and Sales.

The Group has its production facilities in Russia (the Norilsk Industrial District, Kola Peninsula, and Trans‑Baikal Territory) and Finland.

MMC Norilsk Nickel's Head Office is located in Moscow. Head Office employees are also based in St Petersburg and Norilsk

Core companies and business units

Factory

Norilsk Division

Taimyr Peninsula, north of the Krasnoyarsk Territory, Russia

The Company’s key production asset comprising deposit development and full metals production cycle from mining of rich, cupriferous, disseminated copper‑nickel sulphide ores to manufacturing of end products

Oktyabrskoye and Talnakhskoye deposits (Taimyrsky, Oktyabrsky, Komsomolsky, Skalisty, and Mayak mines), Norilsk‑1 deposit (Zapolyarny Mine), as well as nonmetallic deposits (Ozero Lesnoye, Gorozubovskoye, Kayerkanskoye, Mokulaevskoye, and Gribanovskoye), development projects (Maslovskoye and the Western flank of the Oktyabrskoye deposit), and high‑potential areas (Yuzhno‑Norilskaya, Mikchangdinskaya, and Arylakhskaya)

Mined ore is processed at Talnakh and Norilsk Concentrators and transportation of thickened concentrates via slurry pipelines to Nadezhda Metallurgical Plant, where copper‑nickel concentrate, copper in semi‑products from the Kola Division's Concentrator and gold concentrate from the Trans‑Baikal Division are also processed

Production of high‑grade nickel matte sent to Kola MMC, copper cathodes, commercial sulphur, selenium, precious metal concentrate

Division’s key facilities

  • Polar Division of MMC Norilsk Nickel
  • Medvezhy Ruchey
Factory

Kola Division

Kola Peninsula (Murmansk Region) and Harjavalta (Finland)

Development of deposits of the Western Ore Cluster, mining and further processing of disseminated copper‑nickel sulphide ores

Kotselvaara‑Kammikivi, Semiletka, Zhdanovskoye, Zapolyarnoye, Bystrinskoye, Tundrovoye, Sputnik, and Verkhneye deposits

Kola MMC

Processing of mined ore at Zapolyarny Concentrator; processing of Polar Division’s high‑grade matte in Monchegorsk

Production of sulphide concentrate supplied to the Norilsk Division and for sale

Nickel cathodes, nickel carbonyl, electrolytic cobalt and cobalt concentrate, precious metal concentrates, copper in semi‑products to be processed at the Norilsk Division, crushed converter matte, sulphuric acid, and saleable copper and nickel concentrates

Norilsk Nickel Harjavalta

Processing of the Group’s Russian feedstock and third‑party nickel feedstock. Harjavalta is the only nickel refinery in Finland and one of the largest similar facilities in Europe

Nickel cathodes, briquettes, salts, powders and solutions, cobalt sulphate and solution and PGM‑bearing copper cakesent for processing to the Norilsk Division

Division’s key facilities

  • Kola MMC
  • Norilsk Nickel Harjavalta OY
Factory

Trans‑Baikal Division

Trans‑Baikal Territory, Gazimuro‑Zavodsky municipal district

Exploration, mining and further processing of gold‑iron‑copper ores

Bystrinskoye deposit, development projects (Bystrinsko‑Shirinskoye and Bugdainskoye deposits, flanks of Bystrinskoye deposit), and high‑potential areas (Alenuyskaya, Shamyanskaya, Mostovskaya, and Dogyinskaya)

Processing of mined ore at Bystrinsky Concentrator

Sales of copper and iron ore concentrates, and shipment of gold concentrate to the Norilsk Division

Division’s key facilities

  • GRK Bystrinskoye
Worker

Energy Division

Norilsk Industrial District

Generation of heat and electricity for the Company’s production assets and other consumers, production of natural gas and gas concentrate, transportation, and organising the supplies and storage of light and dark petroleum products in the Far North

Division’s key facilities

  • NTEC
  • Norilskgazprom
  • Norilsktransgaz
  • TFC
Delivery

Sales Division

Russia, Switzerland, China

Identifying distribution channels for the Company’s products, sales of end and semi‑products, building and developing customer base, ensuring customer satisfaction with the product and service quality, venturing into new sales areas, forms and markets, conducting R&D in science and technology and market environment studies

Division’s key facilities

  • NORMETIMPEX
  • NN Marketing
  • Palladium Centre
  • Companies of international distribution network

For more details on deposits and the Group’s business model, please see MMC Norilsk Nickel’s Annual Report for 2023.

Production chain

I am part of the operator team at Oktyabrsky Mine, one of Eurasia’s largest underground mining sites. For many years, we have been contributing to Nornickel’s production programme by dumping ore into the ore-passes, which supports operations at other shops and, ultimately, the overall metals production. Since I joined Nornickel, technologies have changed a great deal. The Company is implementing IT systems and innovative solutions, equips unmanned mines, and has in place automated safety, quality, and quantity controls, which enhances the accuracy of mining planning and drives up concentrator capacities.

Igor Khabalonov,

LHD operator, grade 6, Oktyabrsky Mine of MMC Norilsk Nickel’s Polar Division (length of service with the Company – 31 years)