NEW STRATEGIC CONCEPT

MORE GREEN METALS FOR A GREENER FUTURE

STRATEGIC AMBITIONS OF THE INVESTMENT PROGRAMMEGuidance confirmed with the projected investment growth expected to be offset by the rouble depreciation.
ORE PRODUCTION IN THE NORILSK INDUSTRIAL DISTRICT (MTPA)Norilsk Industrial District.
Growth
up to
1.8x
Increase in mining
The resource base potential has been confirmed, with production growth targets for 2030 moderately increased to 20–30% for non-ferrous metals and 40–50% for PGMsFrom a 2017 baseline.
STRATEGIC AMBITIONS FOR 2030+ METAL PRODUCTIONMetals produced from our own feedstock (including metals in semi-products for sale), excluding production at the Bystrinsky project and Nkomati.
Ni
kt
Growth
+
20-30%
Cu
kt
Growth
+
20-30%
Pt+Pd
t
Growth
+
40-50%
Climate change
EMISSION INTENSITY CURVE FOR NICKEL, T OF CO2 EQUIVALENT/T OF NI EQUIVALENT

Source: Wood Mackenzie,
Nornickel’s estimates

Sulphur Programme 2.0
Reducing emissions by 45% by 2023 and 90% by 2025
More details
Upgrade of downstream assets
More details