Expanding the horizons of sustainable growth
From 5-year planning
See the section in our Annual Report for 2018
Strategic priorities
To longer term 10-year vision
VLADIMIR POTANIN, President of PJSC MMC Norilsk Nickel
The seamless execution of our strategy over the past six years, as well as tailwinds in the commodities markets, have helped us to achieve industry-leading TRS (total returns to shareholders) performance. Now it’s time for us to take the next step towards even more ambitious goals, both in terms of business growth and environmental performance.
From environmental compliance to a broader commitment
See the section in our Annual Report for 2018
Environmental management system
To sustainable future in the regions in which we operate
See section Environment

Through the efficient use of natural resources and equity, we supply mankind with non-ferrous metals, which make the world a more reliable place to live in, and help people to realise their aspirations for development and technological progress

From a resource supplier
To an enabler of the global shift towards cleaner mobility

2019 was another year of growing palladium prices due to the steady increases in consumption from the automotive industry amid tougher environmental standards worldwide. Deficit was offset by primary production growth and improved recovery of automotive catalysts as supplies from previously accumulated stocks were much smaller.

More details Commodity Market Overview

From a “steady-state” financial model
See section Financial performance
To growth-enabling capital allocation maintaining industry-leading returns through the cycle
Critical contribution to the global sustainability agenda: enabling the shift to cleaner mobility
By 2030, Nornickel’s supplies of PGMs to the global market will support the production of
autocatalysts annually
Increases in high-grade nickel output will support the production of
EV battery packs annually
Nornickel is Russia’s leading metals and mining company, the largest palladium and high-grade nickel producer in the world, and a major producer of platinum and copper. Nornickel also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, and sulphur.