In the first 9 months of 2026, Norilsk Nickel increased nickel production by 4% to 146 thousand tons from 140.4 thousand tons a year earlier. This is stated in the company's message.
Copper production decreased by 0.5% to 312 thousand tons from 313 thousand tons.
Copper production in the Zabaikalsky division increased by 6% to 55 thousand tons from 51.9 thousand tons.
PGM production decreased by 4% to 1,934 million ounces of palladium and by 2% to 472 thousand ounces of platinum.
MMC Norilsk Nickel (TIN 8401005730) is a diversified mining and metallurgical company that is the world's largest producer of palladium and high—quality nickel, as well as platinum, copper, cobalt, silver, gold, and iridium. MMC Norilsk Nickel's production units are located in the Norilsk Industrial District, the Kola Peninsula and the Trans-Baikal Territory in Russia, as well as in Finland. The company's shares are listed on the Moscow and St. Petersburg Stock Exchanges.
Norilsk Nickel's net profit under IFRS for 2025 increased by 36% to $2.47 billion from $1.8 billion a year earlier. Revenue increased by 10% to $13.76 billion from $12.5 billion, and EBITDA increased by 9% to $5.67 billion from $5.19 billion.
Norilsk Nickel's profit under IFRS for the first half of 2026 amounted to $2 billion against $842 million a year earlier. Revenue increased by 28% to $8.3 billion from $6.46 billion, gross profit increased by 45% to $4.156 billion from $2.86 billion.
According to RA AK&M, by the end of 2024, Norilsk Nickel is among the leaders of the fifth ranking of the largest Russian companies' responsibility to society.
