NorNickel GMK
MMOEX:GMKN114.30
RUB
+0.54
(+0.47%)
ISIN
RU0007288411
Return %
Stock
S&P 500
1Y
-10.25
13.14
3Y
-33.19
80.78
5Y
-50.01
67.74
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Vladimir Olegovich Potanin
- Full Time Employees
- 75,901
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 15, 1st Krasnogvardeysky Drive Moscow MC Russian Federation 123112
- IPO Date
- Jun 15, 2001
- Website
- nornickel.com
- Similar Companies
- Business
- PJSC Mining and Metallurgical Company Norilsk Nickel (Nornickel) ranks among the world's leading producers of palladium and high-grade nickel, alongside refined copper, platinum, rhodium, gold, tellurium, selenium, cobalt, and silver. The company engages in the extraction, processing, and sale of precious, base, and rare metals; offers trading services for metals and related raw materials; provides logistics and transportation support; and delivers construction services for industrial and civil facilities. Nornickel operates primarily through its Polar and Kola divisions, serving industrial consumers and traders globally, with key activities concentrated in Russia, Finland, and international markets. Founded in 1935 and headquartered in Moscow, Russia, the company maintains extensive mining and metallurgical operations in Russia's Far North and Kola Peninsula, including major assets such as the Norilsk and Talnakh ore clusters, Nadezhda, Norilsk-1, Talnakh, and Polar Division concentrators; Kola MMC's nickel plant; and Krastsvetmet and Novosibirsk refineries. Its subsidiaries encompass entities like Polar Transport Company, Nornickel Polar Logistics, and Nornickel Harjavalta Oy in Finland, supporting a vertically integrated structure from mining to refining. In recent developments, Nornickel completed the divestiture of its long-held 27.04% stake in Gold Fields Limited to a consortium led by Zijin Mining Group in September 2024, streamlining its non-core investments. The company advanced its eco-friendly technology initiatives, notably progressing the HPAL (High-Pressure Acid Leaching) project at the Medvezhy Ruchey deposit for battery-grade nickel sulfate production, with pilot operations underway. Additionally, Nornickel forged a strategic partnership with Russia's Rosatom in 2024 to develop a production cluster for small modular reactors (SMRs), leveraging its engineering expertise for energy solutions in remote mining regions.