11 Facts About Nornickel

Norilsk Nickel, or Nornickel, is a Russian nickel and palladium mining and smelting company.

One of the options suggested by Nornickel was to establish a joint transportation company that would lease the vessels.

In 2002, Nornickel accounted for the most of MMP's shipping along the Northern Sea Route.

In 2016 Nornickel ranked below 65 other oil, gas and mining companies in a list of 92 involved in onshore resource extraction above the Arctic Circle, in terms of handling indigenous rights.

Nornickel is Russia's largest non-ferrous metallurgy company and one of the 10 largest private enterprises in the country.

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Nornickel produces rhodium, cobalt, copper, silver, gold, iridium, ruthenium, selenium, tellurium, and sulfur.

In 2020, Nornickel presented a new environmental strategy with ambitious targets to be reached by 2030 in six environmental protection areas.

Nornickel believes the accident is more likely to have been due to the poor condition of equipment dating back to the Soviet era.

In February 2021, the Krasnoyarsk Arbitration Court ordered Nornickel to pay 146 billion rubles in compensation for the spill damage to support environmental projects in the Krasnoyarsk Territory.

Nornickel had claimed the damages should be calculated at 21 billion rubles .

In 2016, Nornickel established the Global Palladium Fund to promote industrial demand for palladium and to reduce volatility in the palladium market.