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.

Employees

Sector

Specialty Mining & Metals

More about the company

Analysis / Opinion

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

September 18, 2026 at 10:21 am

More analyses

Annual profits - Rate of surprise

Company calendar

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

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

Market Cap	40.55B 3,433B 35.59B 33.46B 30.59B 57.16B 3,885B 57.59B 402B 156B 1,981B 152B 149B 6,421B	P/E 2024	30.9x	P/E 2025	20.8x
Enterprise Value	49.69B 4,207B 43.61B 41B 37.48B 70.04B 4,760B 70.56B 492B 191B 2,427B 187B 183B 7,868B	EV / Sales 2024	3.92x	EV / Sales 2025	3.61x
Free-Float	11.59%	Yield 2024 *	-	Yield 2025	-

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
07-31	Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel Reports Earnings Results for the Half Year Ended June 30, 2026	CI
07-28	An unusual yet intriguing pair trade opportunity
06-25	Copper miners cave in, but the rest seem collateral damage
06-24	Russia's copper concentrate output seen up 10% in 2026, Nornickel says	RE
06-23	Russia's Norilsk Nickel sees 2026 global palladium surplus of 0.3 million ounces	RE

08:14am	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
08-17	Aluminium vs. Copper: an interesting battle is underway

Nornickel ADR Share Price

Stocks

GMKN

RU0007288411

Specialty Mining & Metals

Valuation: Nornickel ADR

Latest news: Nornickel ADR

Analysts' recommendations: Nornickel ADR

Press Releases: Nornickel ADR

News in other languages: Nornickel ADR

Quotes and Performance

Price Extremes

Managers and Directors: Nornickel ADR

Other Specialty Mining & Metals

Financials

Company Profile

Analysis / Opinion

Annual profits - Rate of surprise

09:24am	Size matters: Nornickel releases large sturgeon juveniles in Dudinka	PU
09-10	Nornickel : launches five unique wells at the Pelyatka gas field	PU
09-07	Nornickel : and BelAZ agree to establish a joint venture	PU
08-11	High Court Orders Russian Oligarch Vladimir Potanin To Disclose Documents Held By Norilsk Nickel In Major Commercial Dispute	AQ
07-31	Nornickel : reports first half 2026 interim consolidated IFRS financial results	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
SOUTHERN COPPER CORPORATION	-2.76%	+6.12%	+89.99%	+195.39%	174B
FREEPORT-MCMORAN INC.	-2.82%	+4.35%	+59.28%	+94.22%	107B
CMOC GROUP LIMITED	-0.84%	+0.11%	+38.95%	+189.98%	54.29B
JX ADVANCED METALS CORPORATION	+2.11%	-2.19%	+119.53%	-	21.59B
CHINA TUNGSTEN AND HIGHTECH MATERIALS CO.,LTD	-1.83%	-4.93%	+229.03%	+522.74%	20.49B
JIANGXI COPPER COMPANY LIMITED	-0.41%	+4.72%	+37.93%	+166.61%	19.97B
KOREA ZINC COMPANY, LTD.	+0.54%	-1.93%	+18.35%	+113.38%	16.68B
SUMITOMO METAL MINING CO., LTD.	+3.02%	+1.57%	+125.69%	+108.37%	16.39B
BOLIDEN AB	-2.00%	+1.19%	+49.87%	+75.38%	15.54B
Average	-0.40%	+2.04%	+76.86%	+162.90%	47.76B
Weighted average by Cap.	-1.62%	+5.03%	+73.87%	+160.65%

	2024	2025
Net sales	12.54B 1,061B 11B 10.34B 9.46B 17.67B 1,201B 17.8B 124B 48.16B 612B 47.07B 46.04B 1,985B	13.76B 1,165B 12.08B 11.36B 10.38B 19.4B 1,318B 19.54B 136B 52.87B 672B 51.68B 50.55B 2,179B
Net income	1.31B 111B 1.15B 1.08B 990M 1.85B 126B 1.86B 13.01B 5.04B 64.12B 4.93B 4.82B 208B	1.95B 165B 1.71B 1.61B 1.47B 2.74B 187B 2.76B 19.29B 7.48B 95.09B 7.31B 7.15B 308B
Net Debt	8.59B 727B 7.54B 7.08B 6.48B 12.1B 822B 12.19B 85.09B 32.99B 419B 32.24B 31.54B 1,360B	9.14B 774B 8.02B 7.54B 6.89B 12.88B 875B 12.98B 90.56B 35.11B 446B 34.32B 33.56B 1,447B

5 years	145		240.5
10 years	76.77		281.14