5 Biggest Nickel Mining Companies in the World

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1. OJSC MMC Norilsk Nickel (LSE:MNOD)

Production in 2021: 193 Kilotonnes

OJSC MMC Norilsk Nickel (LSE:MNOD) is a Russian mining and smelting company and is the world’s largest nickel mining company. Its main products include nickel and palladium. The company also mines copper, gold, silver, and platinum along with a few other metals. The company’s most significant production comes from its Siberian mine located in Norilsk and Talnakh. OJSC MMC Norilsk Nickel (LSE:MNOD) also has operations in Russia, Finland, and South Africa.

In 2021, NickelOJSC MMC Norilsk Nickel (LSE:MNOD) produced 193 kilotonnes of nickel. Moreover, the company was responsible for 17% of the global high-grade nickel production and 6% of primary nickel. OJSC MMC Norilsk Nickel (LSE:MNOD)’s proven and probable reserves amount to 8.7 million tonnes while the measured and indicated resources are expected to be 13.5 million tonnes.

For FY2022, OJSC MMC Norilsk Nickel (LSE:MNOD) guided its nickel production to be in the range of 205 to 215 kilotonnes and expects a nickel surplus of 103 kilotonnes in 2023, due to new production capacity in Indonesia.

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