Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel, commonly known as Nornickel, is a Russia-based mining and metals company. It explores, extracts, processes and sells nonferrous and precious metals, with nickel, palladium, copper and platinum among its principal products. The company also produces cobalt, rhodium, gold, silver, selenium, tellurium and sulfur-related products.
Nornickel’s core operations are concentrated in northern Russia. Its Polar Division operates on the Taimyr Peninsula in and around Norilsk, while the Kola Division is based on the Kola Peninsula. The company also operates the Bystrinsky mining and processing operation in Russia’s Trans-Baikal region, which produces copper and associated metals. Its products serve industries including stainless steel, automotive manufacturing, electronics, energy and chemical production.
The company’s origins trace back to the development of the Norilsk mining district during the Soviet era, with the modern public joint-stock company established in 1989. Nornickel remains one of the world’s significant producers of nickel and palladium and is listed in Russia, with its securities also traded over the counter in the United States under the symbol NILSY.
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