Norilsk Nickel is the world's leading producer of nickel and palladium. The group also produces and sells silver and copper. Net sales break down by activity as follows: - sale of metals (94.8%): palladium (39% of net sales), copper (22.2%), nickel (21.2%), rhodium (6.2%), platinum (4%), gold (3.8%) and other (3.6%); - other (5.2%): primarily electricity production and transportation and logistics services.

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Nornickel: Despite all geopolitical issues, the underlying strength is real

September 18, 2026 at 10:21 am

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End-of-day quote Moscow Micex - RTS 08/07/2022			5-day change	1st Jan Change
167.20 ^RUB	+1.03%		-.--%	-

11-02	Time for a Rio-Glencore showdown!
10-27	Gold eases as stronger dollar weighs, Fed meeting in focus	RE

Market Cap	40.55B 3,354B 36.75B 33.99B 30.67B 57.8B 3,824B 59.83B 408B 162B 2,043B 152B 149B 6,484B	P/E 2024	30.9x	P/E 2025	20.8x
Enterprise Value	49.69B 4,109B 45.03B 41.65B 37.58B 70.82B 4,685B 73.31B 500B 198B 2,503B 186B 183B 7,945B	EV / Sales 2024	3.92x	EV / Sales 2025	3.61x
Free-Float	37.98%	Yield 2024 *	-	Yield 2025	-

11-02	Time for a Rio-Glencore showdown!
10-27	Gold eases as stronger dollar weighs, Fed meeting in focus	RE
10-26	Russia's Nornickel says furnace overhaul may cut 2027-28 metals output, keeps 2026 forecast	RE
10-26	Russia's Nornickel says nickel output up 41% in Q3	RE
09-23	Are Russian metals returning to the West-
09-18	Nornickel: Despite all geopolitical issues, the underlying strength is real
09-09	A balanced copper exposure trumps the often-chased pure-play one
08-31	Nornickel: 2026: A long-awaited reminder of Russian metals' might
08-26	Russia's Nornickel recommends 6-month dividend of 1.85 roubles a share	RE
08-26	Russia's Nornickel says board recommends 6-month dividend of 1.85 roubles per share	RE
08-17	Aluminium vs. Copper: an interesting battle is underway
07-31	Russia's Nornickel doubles H1 net profit, says it will discuss interim dividend	RE
07-31	Nornickel H1 net profit doubled to $2 billion, company says	RE

11-02	Time for a Rio-Glencore showdown!
09-23	Are Russian metals returning to the West-
09-18	Nornickel: Despite all geopolitical issues, the underlying strength is real
09-09	A balanced copper exposure trumps the often-chased pure-play one
08-31	Nornickel: 2026: A long-awaited reminder of Russian metals' might

Nornickel ADR Share Price

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RU0007288411

Specialty Mining & Metals

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Annual profits - Rate of surprise

11-05	Nornickel : opens its AI-driven materials lab to Chinese industry and science	PU
10-29	Nornickel : JSC HC Bystra shareholders approve restated Articles of Association	PU
10-26	Nornickel : announces production results for 9М2026	PU
10-01	Nornickel : Shareholders of Norinickel approved interim dividend for 6m2026	PU
09-23	Size matters: Nornickel releases large sturgeon juveniles in Dudinka	PU

04-23	La fortune des milliardaires russes a augmenté de 11% en un an, malgré la guerre et les sanctions-Forbes
04-23	Magazin: Russische Milliardäre steigern Vermögen auf Rekordwert
01-28	Rusa Nornickel prevé una producción de níquel de entre 193.000 y 203.000 toneladas en 2026
01-27	Cinese Anta Sports compra 29% Puma per 1,5 mld euro ma non punta al 100%
21/02/25	Putin dice que Rusia debe acelerar sus planes de extracción de litio

Manager	Title	Age	Since
Vladimir Potanin CEO	Chief Executive Officer	65	16/12/2012
Sergey Malyshev DFI	Director of Finance/CFO	57	20/03/2013
Evegeny Fyodorov COO	Chief Operating Officer	48	28/09/2025

Director	Title	Age	Since
Sergei Batekhin BRD	Director/Board Member	61	31/12/2019
Marianna Aleksandrovna Zakharova BRD	Director/Board Member	50	31/05/2010
Andrey Bugrov CHM	Chairman	74	02/06/2022

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
NORNICKEL ADR	+1.03%	-.--%	-.--%	-.--%	31.84B
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ANTOFAGASTA PLC	-2.24%	+1.03%	+12.52%	+143.23%	41B
CMOC GROUP LIMITED	-3.45%	-3.09%	-23.52%	+146.27%	39.45B
SOCIEDAD MINERA CERRO VERDE S.A.A.	+0.67%	+1.54%	+43.29%	+111.76%	22.57B
FIRST QUANTUM MINERALS LTD.	-2.60%	-1.62%	+7.79%	+106.07%	18.74B
PT AMMAN MINERAL INTERNASIONAL TBK	-0.54%	+1.66%	-46.28%	-48.17%	14.61B
BOLIDEN AB	-1.77%	-0.60%	+15.11%	+81.30%	14.11B
JX ADVANCED METALS CORPORATION	-2.65%	+1.99%	+32.99%	-	13.89B
Average	-1.60%	-0.48%	+11.75%	+86.19%	42B
Weighted average by Cap.	-1.93%	-1.09%	+20.77%	+111.17%

	2024	2025
Net sales	12.54B 1,037B 11.36B 10.51B 9.48B 17.86B 1,182B 18.49B 126B 50.05B 631B 47.04B 46.04B 2,004B	13.76B 1,138B 12.47B 11.54B 10.41B 19.61B 1,298B 20.31B 139B 54.95B 693B 51.65B 50.55B 2,200B
Net income	1.31B 109B 1.19B 1.1B 993M 1.87B 124B 1.94B 13.22B 5.24B 66.13B 4.93B 4.82B 210B	1.95B 161B 1.76B 1.63B 1.47B 2.77B 184B 2.87B 19.6B 7.77B 98.06B 7.31B 7.15B 311B
Net Debt	8.59B 710B 7.78B 7.2B 6.49B 12.24B 810B 12.67B 86.45B 34.28B 432B 32.22B 31.54B 1,373B	9.14B 756B 8.28B 7.66B 6.91B 13.02B 862B 13.48B 92.01B 36.48B 460B 34.29B 33.56B 1,461B

5 years	145		240.5
10 years	76.77		281.14