Nickel production by Norilsk Nickel in 3 months of 2024 decreased by 10% to 42.1 thousand tons. Copper output increased by 1% to 109.76 thousand tons. Palladium output increased by 3% to 745 thousand ounces. Platinum output decreased by 1% to 178 thousand ounces. Company confirmed its plan for 2024: 184-194 thousand tons of nickel, 334-354 thousand tons of c...

MMC Nornickel decided to set up smelting facilities for copper concentrate in China, which would get rid of settlement problems and bring the product closer to the place of consumption, and then the final product would be sold as Chinese. And Chinese product is much harder to sanction in China than Russian product coming into China. Company also expects to g...

MMC Norilsk Nickel announced the completion of a stock split, which converted one share into 100 shares of the same category. Resumption of trading in the company's securities is scheduled for April 8.

MMC Nornickel seeks to integrate into the international sector of battery production for electric vehicles. This task requires a change in the product line, as battery manufacturers do not need Nornickel's classic products - nickel cathodes, salts and briquettes. Integration into the international battery sector will mitigate the risks of Nornickel's exclusi...