 | |
 Nornickel's Bystrinsky Mine and concentrator in October 2017 | |
| Company type | Public |
|---|---|
| Industry | Mining, Metals |
| Founded | 1993 |
| Headquarters | , Russia |
Key people | Vladimir Potanin (President - Chairman of the Management Board) |
| Products | |
| Revenue | $16.9 billion[1] (2022) |
| $7.58 billion[1] (2022) | |
| $5.85 billion[1] (2022) | |
| Total assets | $25.8 billion[1] (31 December 2022) |
| Total equity | $4.79 billion[1] (31 December 2022) |
| Owner |
|
Number of employees | 73,700 (2019)  |
| Website | nornickel |
Norilsk Nickel (Russian: ГМК «Норильский никель»[3]), or Nornickel,[4] is a Russian nickel and palladium mining and smelting company. Its largest operations are located in the Norilsk–Talnakh area near the Yenisei River in the north of Siberia. It also has holdings in Nikel, Zapolyarny, and Monchegorsk on the Kola Peninsula, in Harjavalta in western Finland, and in South Africa.[5]
Headquartered in Moscow, Norilsk Nickel is the world's largest producer of refined nickel and the 11th largest copper producer.[5][6]
The company is listed on MICEX-RTS. As of March 2021, its key shareholders were Vladimir Potanin's Olderfrey Holdings Ltd (34.59%) and Oleg Deripaska's Rusal (27.82%).[2]
In December 2010, Norilsk Nickel made a share buyback offer for Rusal's 25% share in the company for $12 billion, but the offer was declined.[7] In 2012, Potanin's Interros holding, Rusal, and Roman Abramovich signed a shareholder agreement on the size of dividend payouts to end a conflict over the matter, as well as issues around the company's broader strategy and management. The agreement expires on June 1, 2023, and the prospects of its extension or suspension are unclear.[8] In March 2019, Abramovich sold a 1.7% stake in the company for $551 million, predominantly to British-based and Russian investors. Potanin and Deripaska's Rusal were blocked from purchasing any shares.[9] In 2021, the company's revenue amounted to 856 billion rubles.[10]
- ^ a b c d e "Financial reporting (USD)" (PDF). Nornickel. 10 February 2023. p. 70. Retrieved 10 February 2023.
- ^ a b "Shares and ADRs - Shareholders - Nornickel". www.nornickel.com. Norilsk Nickel. Retrieved 16 September 2021.
- ^ ""Норильский никель" изменил название и логотип". 14 July 2016. Archived from the original on 1 December 2017.
- ^ "Russia's Nornickel disputes $2 billion Arctic spill damages claim". Reuters. 2020-07-08. Retrieved 2021-03-05.
- ^ a b "About us". Global Palladium Fund. Norilsk Nickel. Retrieved 16 September 2021.
- ^ "Profiling the world's top five nickel-producing companies". NS Energy. 8 October 2020. Retrieved 22 February 2021.
- ^ "Mining Journal - Rusal rejects Norilsk's buy-back offer". 2010-12-18. Archived from the original on 2010-12-19. Retrieved 2010-12-18.
- ^ "Russia's Nornickel co-owner: shareholder agreement is a relic of the past". Reuters. 2020-08-10. Retrieved 2021-09-16.
- ^ "Abramovich trims Nornickel stake in $551 million share sale". Reuters. 2019-03-13. Retrieved 2019-07-27.
- ^ "ПАО "ГМК "Норильский Никель"". www.rusprofile.ru (in Russian). Retrieved 2023-09-10.