Nornickel remains world’s largest metal supplier

Nornickel remains world’s largest metal supplier

March 16, 2022

The company conducts a Nornickel-LIVE with vice presidents.

#ARCTIC. #SIBERIA. THIS IS TAIMYR. The Nornickel holds an annual q-and-a meeting – an open dialogue between vice presidents and employees. This is an online conversation where everyone can ask questions to the Nornickel management about what worries them, and get a detailed and accurate answer.

As Sergey Dubovitsky, senior vice president, head of strategy and strategic project management, logistics and resources, noted, recent events do not affect the fundamental indicators of the non-ferrous and precious metals market:

“They remain attractive to us and give us confidence in the successful implementation of our strategic plans. Confidence in the long-term demand for our products is underpinned by the long-term goals of the green economy – the growth of the market for electric vehicles, the goals to reduce emissions of vehicles with internal combustion engines, as well as the growth in the use of renewable energy sources, which remain relevant”.

He stressed that Nornickel was and remains one of the largest metals suppliers in the world. The company produces more than 20 percent of high-grade nickel, more than 40 percent of the world’s palladium.

“Our metals are in demand on the markets, none of the clients is in the mood to break contracts”, said Sergey Dubovitsky. “Of course, we see a number of logistical difficulties, but Nornickel’s present and future is to mine and process ore and produce metals that the world needs so much”.

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Text: Victor Tsaryov, Photo: Marina Peshkova and Nornickel press office

March 16, 2022

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