The Company’s unique mineral resource base (in terms of high metal content) secures the most advantaged position in the global mining industry.
Copper‑nickel sulphide ore
Polar Division
7mines
Proven and probable reserves
1,481mln t
Ni
10mln t
Cu
17mln t
6 PGMsThe six platinum group metals (6 PGMs) are platinum, palladium, rhodium, ruthenium, osmium, and iridium.
183Moz
Measured and indicated resources
1,966mln t
Ni
14mln t
Cu
23mln t
6 PGMs
255Moz
Reserves life at the current production rate
Over 70years
Gold‑iron‑copper ore
Trans‑Baikal Division
2open pits
Proven and probable reserves
261mln t
Cu
1.3mln t
Au
5.4Moz
Ag
22.8Moz
Fe
49.1mln t
Measured and indicated resources
282mln t
Cu
1.7mln t
Au
5.9Moz
Ag
28.8Moz
Fe
62.7mln t
Reserves life at the current production rate
Over 20years
Low carbon footprints of nickel production
The carbon footprint according to international standards totalled
9.2kg of СО2 equivalent
per kg of of Class I nickel production.
High degree of vertical integration
From ore to finished products (100% self‑sufficiency). The Company’s reliance on own logistics, energy, fuel, and water supply translates to a significantly smaller share of these expenditures in cash costs vs peers.
Best‑in‑class feedstock mix
Natural diversification and solid long‑term fundamentals.
Low carbon footprints of nickel production
The carbon footprint according to international standards totalled
9.2kg of СО2 equivalent
per kg of of Class I nickel production.
High degree of vertical integration
From ore to finished products (100% self‑sufficiency). The Company’s reliance on own logistics, energy, fuel, and water supply translates to a significantly smaller share of these expenditures in cash costs vs peers.
Best‑in‑class feedstock mix
Natural diversification and solid long‑term fundamentals.
Position in the global metals market
Position in the metals and mining industry, %Data as of early March 2026. Based on refined metal (including tolling) output for palladium, nickel, and platinum; based on contained metal production for copper.
Highly liquid stock
Nornickel shares have been traded on the Russian stock market since 2001. Since 2014, Nornickel shares have been included in the first‑level quotation list of the Moscow Exchange (ticker: GMKN). Norilsk Nickel shares outperformed the stock and commodity markets in 2025. Since the beginning of the year, the Company's shares have risen by 29%.
The Company’s analyst ratings as of the end of 2025,
%
Proportion of Nornickel shares in the main indices of the Moscow
ExchangeAs at 30 December 2025.
