Russia Nickel Mining to 2023

Russia Nickel Mining to 2023

Summary

GlobalData's "Russia Nickel Mining to 2023" comprehensively covers Russian reserves of nickel, historic and forecast trends in the country's nickel production and the key active, exploration and development nickel mines and projects. The report also analyses factors affecting the country’s demand for nickel.

Russia produced 221.9kt of nickel in 2018 - up by a marginal 0.4%, owing to increased production from the country’s largest nickel producer, MMC Norilsk Nickel. The company’s total nickel output was 158kt, up by 609t over 2017, owing to a marginal increase in output from Kola MMC. During the first nine months of 2019, the company’s consolidated nickel production reached 167kt, a 6% increase compared with the same period in 2018. The growth was mainly due to increased shipments of high-grade matte from the Polar Division and enhanced productivity at Kola MMC. The country’s nickel mine production is expected to grow at a CAGR of 2.2% over the forecast period (2019-2023), to reach 243.7kt in 2023, due to the planned commencement of several upcoming projects, including the Kun-Manie and Monchetundra projects.

Scope

- The report analyses Russia's nickel mining industry, with details of reserves, production trends and forecasts, the competitive landscape and a listing of the major active, exploration and development projects.

Reasons to buy

- To gain an understanding of Russia's nickel mining industry, relevant driving factors
- To understand historical and forecast trend on country's nickel production, consumption and exports