The Board unanimously appoints Vladimir Potanin Norilsk Nickel MMC CEO. Vladimir Strzhalovsky, the CEO since August 2008, steps down.
The government of the Russian Federation has granted a mining license for Maslovskoye platinum copper nickel deposit, located in the north of the Krasnoyarsk Territory to MMC Norilsk Nickel.
In Spring, Norilsk Nickel held an Investor’s Day in London, presenting a comprehensive strategic update with a focus on new production plan, progress on major investment projects, operating and financial performance as well as latest views on metal markets.
In 2015 CAPEX was set at RUR 105 bln. Norilsk Nickel unveils plans to channel up to RUR 800 bln in modernization in forthcoming years, with RUR300 bln invested in ecological improvement projects.
Norilsk Nickel was granted first place in Russian Major Companies Corporate Transparency Rating 2015. The Company’s Annual and Corporate reports for Y2014 were among winners of the XVIII Annual Corporate Report’s contest. Norilsk Nickel’s charity program «World of New Opportunities» entered top-30 Best Social Projects in Russia rating.
February: Norilsk Nickel announces the founding of a palladium fund to work with large metal stockpile holders.
Also in February, the company announces that it will sign on as a general partner of the XXIX Winter Universiade in Krasnoyarsk, to be held in 2019, and will contribute more than 1 billion rubles to the games.
March: MMC Norilsk Nickel’s 2014 SCO Report wins first prize among Russian Federation participants at the Vision Awards LACP 2014/2015. Norilsk Nickel’s Report is ranked 8th in the top 50 reports of
April: Norilsk Nickel signs a partnership agreement with the International University Sports Federation, and in May concludes a similar agreement with the Russian Olympic Committee.
May: Sergey Donskoy, the Russian Minister of Natural Resources and the Environment, awards the Evolution Awards 2016 prize to MMC Norilsk Nickel for environmentally friendly development.
July: The company unveils Norilsk Nickel’s new branding.
August: Norilsk Nickel’s oldest plant is taken out of operation, resulting in a 30 percent drop in sulphur dioxide pollution in the Norilsk residential area.
September: The Norilsk municipal authority, Norilsk Nickel, and the Vladimir Potanin Foundation cofound the Norilsk Development Agency.
November: Norilsk Nickel joins the UN Global Compact, the UN’s largest initiative for corporate social responsibility and sustainable development.
December: Norilsk Nickel’s operational reorganization results in Kola MMC’s Monchegorsk industrial facility becoming the largest nickel refining plant in the world. Aggregate nickel and copper production has increased by 50%.
MMC’s World of New Opportunities Program takes first prize as the Best Program Promoting Philanthropy in Society, part of the 9th Annual Corporate Philanthropy Leaders Project.
Norilsk Nickel’s $1.2 billion investment into its flagship initiative to bring the Bystrinsky deposits in the Zabaykalsky Krai into production wins the Investment Project of the Year award at the Russian Mining Award competition.
Norilsk Nickel received an award from the Ministry of Natural Resources and Environment for proactive environmental policy, and was rated by the WWF as one of Russia’s top environmentally responsible mining companies.
Norilsk Nickel celebrated the Year of the Environment with three separate projects: it launched the Sulphur Project at the Zapolyarny branch; brought on line a unit to produce
In May, Norilsk Nickel worked with the Vladimir
Upgrade works at the Talnakh Enrichment Plant were finished in June, increasing production capacity by 30%, from 7.6 to 10.2 mln tons of ore per year.
A 956 kilometer long fiber optic line from Novy Urengoy to Norilsk began operating in September. The line’s transfer rate is 40 Gbit per second. The project cost 2.5 bln rubles.
Commissioning and load testing started at the Bystrinsky Enrichment Plant in October. Once it reaches its full design capacity at the end of 2019, the Bystrinksy Enrichment Plant will become Norilsk Nickel’s third largest production asset.
The first equipment system for innovative nickel production came on line at Kola MMC in December. Not smelting nickel anodes increases production efficiency and product quality, while lowering the impact on the environment.
Brand Finance, a consulting company, published a global rating of mining companies’ brands. Norilsk Nickel, the only Russian company on the list, had its brand valued at 675 million dollars.
Norilsk Nickel IFRS net profit rises 44% to $3.059 bln. EBITDA grew 56% to $6.23 bln in 2018, above forecast. The growth was due to higher metal revenue, ramp-up of the Bystrinsky project and lower operating expenses driven by efficiency gains.
In 2018, expenses of Nornickel on social programs, charity and social infrastructure in cities of presence exceeded RUB 30bn (EUR 390.46mn USD 450.37mn). About 50% of this sum came from expenses on benefits and social programs for the staff, about RUB 7bn was spent on charity, RUB 4.4bn on sponsorship of sports projects, the other part on development and maintenance of social infrastructure and investments in infrastructure projects.
An industrial video surveillance system has been put into operation at the Northern Mine of Kola MMC (operating as part of Norilsk Nickel Group)
The Botswana Court of Appeal has overruled a decision by the High Court of Botswana in June 2018 that would have prevented Nornickel from taking to London its claim to recover $277 million worth of alleged damages from BCL. BCL had agreed to buy the African assets of Nornickel, but went into liquidation before the sale concluded.
The Russian Direct Investment Fund, ROSATOM, Norilsk Nickel and DP World have agreed to jointly implement a project for the integrated development of the Northern Sea Routes. The quadrilateral agreement of intent was signed on June 6, 2019 during the St. Petersburg International Economic Forum.
Nornickel completed the construction of a data center in Moscow, launched a new operational control centre at its Oktyabrsky mine and is conducting the digitalization of the Taimyrsky mine. It is part of the company's Technology Breakthrough program, a project launched in 2014 to digitise and automate most processes at the companys extensive mining and processing facilities by 2020.
An IT firm called SAP and Nornickel have reached an agreement to create a joint innovation laboratory to develop scenarios for metallurgical and mining enterprises.
Nornickel created Nornickel-ERP.company to manage river assets. The project provides for creation of a single commercial platform which will allow clients to order related services (transportation, cargo handling) through a single window, as well as offer a complex service for cargo traffic on the Yenisei river.
Nornickel is shutting down its smelter in the city of Nickel (near Monchegorsk). By closing outdated manufacture the company is decreasing pollution and environment impact. In 2020 pollution is expected to decrease 2-fold compared with 2015, and in 2021 – 7-fold.
In December The Komsomolsky and Skalisty mines have been connected at a depth of 900 m.
Nornickel has become a winner of the Best Social Projects of Russia award. The company received an award in the category Support of Sports and Healthy Lifestyle as a general sponsor of the XXIX World Winter Universiade in Krasnoyarsk (Siberia).
Norilsk Nickel is entering a new stage in business development. Under Vladimir Potanin’s operational management, Norilsk Nickel aims to maximize efficiency. With this goal in mind, Norilsk Nickel MMC is making changes to its ambitious investment program through 2025. In 2013 investment decreased by $200 mln compared to 2012, a record year, and amounted to 75.4 bln rub or $2.5 bln. Cost-cutting operations enabled this reduction, while maintaining project funding in full. All programs became more targeted and efficient, and thus less expensive.