Nornickel, the world’s largest producer of palladium and a major producer of nickel, copper and platinum presents the fifteenth review of the nickel, copper and platinum group metals (PGM ) markets. Full reports are available on Nornickel’s website.

Nornickel, the world’s largest producer of palladium and a major producer of nickel, platinum and copper, announces that shareholders held the Annual General Meeting (AGM) on 27 June 2025. The shareholders also approved the annual report for 2024, new version of the Articles of Association, Russian Accounting Standards (RAS) accounts for 2024, the consolidated financial statements in accordance with International Financial Reporting Standards (IFRS)fin for 2024, elected the Board of Directors ...

The Norilsk Nickel Palladium Technology Center managed to cut time for laboratory development and tests of palladium-based materials technologies to 9 months, which is 2 times faster than foreign companies do, the center's Director Dmitry Izotov told TASS on sidelines of the St. Petersburg International Economic Forum. "We have managed to reach the development and laboratory testing term of 9 months, against 18-24 months foreign companies have. We use a hybrid approach: on the one hand, for ...

Scientists at St. Petersburg State University (SPGU) have discovered a new mineral – olgafrankite – in the rocks of Norilsk and the Rumuruti meteorite. For the scientific world, the discovery was a sensation, because this mineral was for decades considered a ‘cosmic calling card’. A new mineral, that consists of nickel and germanium, was discovered in the rocks of the Norilsk Ore region in the Krasnoyarsk Krai. For about 40 years, these samples were kept as museum exhibits, and now scientists ...

Nornickel, the world’s largest producer of palladium and a major producer of Class I nickel, platinum and copper, announces preliminary consolidated production results for the first quarter of 2025. Senior Vice-President — Operating Director, Alexander Popov commented on the production results, "In 1Q 2025, platinum production increased, whereas the output of other metals was slightly lower than a year ago. The modest decline of nickel production was temporary and due to scheduled short-term ...

The company’s experts shared early-stage technological developments that could redefine the use of platinum group metals (PGMs), including applications in Africa’s priority sectors like energy, water purification, and electronics. The goal of the Johannesburg event was to initiate dialogue with potential partners across the continent: research institutions, industrial firms, and tech startups. “We aim to share expertise and collaborate with those who, like us, see palladium as a metal of the ...

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 ...

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 ...

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 ...

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 ...

"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 ...

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; ...

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 ...

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 ...