Nornickel reduced metal output in the first nine months of 2025. Nickel production declined by 4% to 140 thousand tonnes, and copper output fell by 4% to 313 thousand tonnes. Palladium output decreased by 6% to 2.016 million ounces, and platinum by 7% to 484 thousand ounces. The company confirmed its full-year production guidance.

Nornickel CEO Vladimir Potanin told the Russian president that the company fully covers the country’s demand for rare metals, including platinum group metals and gold. Surplus volumes are exported. Despite lower global prices and logistical challenges, Nornickel maintains its leadership in nickel and PGM production and keeps output stable.

MMC Norilsk Nickel's net profit under IFRS for 6 months of 2025 amounted to 75.7 billion rubles, which is 1.6% lower than 76.9 billion rubles in the previous year. Revenue increased by 10.8% to ₽529.7 billion from ₽477.9 billion a year earlier.

MMC Norilsk Nickel has closed a deal to sell 50% of the Nkomati joint venture to its South African partner, African Rainbow Minerals Limited. Nkomati's assets include a deposit of interspersed copper-nickel sulfide ores, an underground mine, and a quarry. Mining and production activities were discontinued in March 2021. Since 2021, the mine has been in conse...