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

18 September 2026 at 07:21 pm AEST

More analyses

Annual profits - Rate of surprise

Rate of surprise - EPS - Annual - Nornickel ADR

Company calendar

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

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

Market Cap	40.55B 3,361B 36.55B 33.77B 30.53B 57.75B 3,804B 59.18B 405B 161B 2,037B 152B 149B 6,483B	P/E 2024	30.9x	P/E 2025	20.8x
Enterprise Value	49.69B 4,118B 44.79B 41.38B 37.41B 70.77B 4,661B 72.51B 496B 198B 2,496B 186B 183B 7,943B	EV / Sales 2024	3.92x	EV / Sales 2025	3.61x
Free-Float	37.98%	Yield 2024 *	-	Yield 2025	-

02/11	Time for a Rio-Glencore showdown!
27/10	Gold eases as stronger dollar weighs, Fed meeting in focus	RE
26/10	Russia's Nornickel says furnace overhaul may cut 2027-28 metals output, keeps 2026 forecast	RE
26/10	Russia's Nornickel says nickel output up 41% in Q3	RE
23/09	Are Russian metals returning to the West-
18/09	Nornickel: Despite all geopolitical issues, the underlying strength is real
10/09	A balanced copper exposure trumps the often-chased pure-play one
01/09	Nornickel: 2026: A long-awaited reminder of Russian metals' might
26/08	Russia's Nornickel recommends 6-month dividend of 1.85 roubles a share	RE
26/08	Russia's Nornickel says board recommends 6-month dividend of 1.85 roubles per share	RE
18/08	Aluminium vs. Copper: an interesting battle is underway
01/08	Russia's Nornickel doubles H1 net profit, says it will discuss interim dividend	RE
01/08	Nornickel H1 net profit doubled to $2 billion, company says	RE

02/11	Time for a Rio-Glencore showdown!
23/09	Are Russian metals returning to the West-
18/09	Nornickel: Despite all geopolitical issues, the underlying strength is real
10/09	A balanced copper exposure trumps the often-chased pure-play one
01/09	Nornickel: 2026: A long-awaited reminder of Russian metals' might

Nornickel ADR Stock

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

05/11	Nornickel : opens its AI-driven materials lab to Chinese industry and science	PU
30/10	Nornickel : JSC HC Bystra shareholders approve restated Articles of Association	PU
26/10	Nornickel : announces production results for 9М2026	PU
02/10	Nornickel : Shareholders of Norinickel approved interim dividend for 6m2026	PU
23/09	Size matters: Nornickel releases large sturgeon juveniles in Dudinka	PU

23/04	La fortune des milliardaires russes a augmenté de 11% en un an, malgré la guerre et les sanctions-Forbes
23/04	Magazin: Russische Milliardäre steigern Vermögen auf Rekordwert
28/01	Rusa Nornickel prevé una producción de níquel de entre 193.000 y 203.000 toneladas en 2026
27/01	Cinese Anta Sports compra 29% Puma per 1,5 mld euro ma non punta al 100%
22/02/25	Putin dice que Rusia debe acelerar sus planes de extracción de litio

Manager	Title	Age	Since
Vladimir Potanin CEO	Chief Executive Officer	65	17/12/2012
Sergey Malyshev DFI	Director of Finance/CFO	57	21/03/2013
Evegeny Fyodorov COO	Chief Operating Officer	48	29/09/2025

Director	Title	Age	Since
Sergei Batekhin BRD	Director/Board Member	61	01/01/2020
Marianna Aleksandrovna Zakharova BRD	Director/Board Member	50	01/06/2010
Andrey Bugrov CHM	Chairman	74	03/06/2022

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	+1.32%	-2.39%	+30.91%	+169.57%	145B
FREEPORT-MCMORAN INC.	+3.00%	-0.77%	+51.25%	+84.44%	86.54B
ANTOFAGASTA PLC	+2.32%	+1.88%	+19.59%	+154.73%	42.48B
CMOC GROUP LIMITED	+0.29%	-1.08%	-14.65%	+166.99%	42.09B
SOCIEDAD MINERA CERRO VERDE S.A.A.	+0.33%	-7.25%	+45.79%	+109.84%	22.33B
FIRST QUANTUM MINERALS LTD.	+0.44%	+3.25%	+14.90%	+110.75%	19.92B
JX ADVANCED METALS CORPORATION	-2.75%	-1.25%	+34.22%	-	15.81B
PT AMMAN MINERAL INTERNASIONAL TBK	-2.41%	+7.69%	-48.19%	-46.67%	14.95B
BOLIDEN AB	+1.28%	+2.03%	+22.14%	+89.81%	14.78B
Average	+0.49%	-0.80%	+15.60%	+93.27%	44B
Weighted average by Cap.	+1.26%	-1.17%	+24.33%	+120.98%

	2024	2025
Net sales	12.54B 1,039B 11.3B 10.44B 9.44B 17.85B 1,176B 18.29B 125B 49.86B 630B 47.04B 46.04B 2,004B	13.76B 1,141B 12.4B 11.46B 10.36B 19.6B 1,291B 20.08B 137B 54.74B 691B 51.65B 50.55B 2,200B
Net income	1.31B 109B 1.18B 1.09B 988M 1.87B 123B 1.92B 13.1B 5.22B 65.95B 4.93B 4.82B 210B	1.95B 161B 1.75B 1.62B 1.47B 2.77B 183B 2.84B 19.43B 7.74B 97.8B 7.31B 7.15B 311B
Net Debt	8.59B 712B 7.74B 7.15B 6.46B 12.23B 805B 12.53B 85.68B 34.15B 431B 32.22B 31.54B 1,372B	9.14B 757B 8.24B 7.61B 6.88B 13.01B 857B 13.34B 91.19B 36.35B 459B 34.29B 33.57B 1,461B

5 years	145		240.5
10 years	76.77		281.14