Industry Statistics and Rankings
How does this industry perform in Russia compared to Europe?
Country Benchmarking
Industry Data Russia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#1 In EuropeBusiness
#1 In EuropeEmployees
#1 In EuropeWages
#1 In EuropeThe non-ferrous metal mining industry has seen significant volatility in recent years owing to swings in metals prices due to supply chain disruptions and macroeconomic headwinds. Revenue is forecast to drop at a compound annual rate of 2.4% over the five years through 2025 to €22.5 billion. This is mostly the result of the massive drop in revenue caused by COVID-19 related disruptions in 2020, along with sluggish demand from key sectors like construction and manufacturing which struggled to recover.
Enterprises
Number of businesses in 2025
Biggest companies in the Non-Ferrous Metal Ore Mining in Russia
| Company | Market Share (%)
2025 | Revenue (€m)
2025 | Profit (€m)
2025 | Profit Margin (%)
2025 |
|---|---|---|---|---|
Norilsk Nickel | 16,525.5 | 7,430.1 | 45.0 | |
RUSAL | 8,339.3 | 852.0 | 10.2 |
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Top Questions Answered in this Report
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What is the market size of the Non-Ferrous Metal Ore Mining industry in Russia in 2025?
The market size of the Non-Ferrous Metal Ore Mining industry in Russia is €11.9bn in 2025.
How many businesses are there in the Non-Ferrous Metal Ore Mining industry in Russia in 2025?
There are 1,263 businesses in the Non-Ferrous Metal Ore Mining industry in Russia, which has grown at a CAGR of 1.9 % between 2020 and 2025.
Has the Non-Ferrous Metal Ore Mining industry in Russia grown or declined over the past 5 years?
The market size of the Non-Ferrous Metal Ore Mining industry in Russia has been declining at a CAGR of 7.4 % between 2020 and 2025.
What is the forecast growth of the Non-Ferrous Metal Ore Mining industry in Russia over the next 5 years?
Over the next five years, the Non-Ferrous Metal Ore Mining industry in Russia is expected to decline.
What are the biggest companies in the Non-Ferrous Metal Ore Mining industry in Russia?
The biggest companies operating in the Non-Ferrous Metal Ore Mining industry in Russia are Norilsk Nickel and RUSAL
What does the Non-Ferrous Metal Ore Mining industry in Russia include?
Copper and Gold are part of the Non-Ferrous Metal Ore Mining industry in Russia.
Which companies have the highest market share in the Non-Ferrous Metal Ore Mining industry in Russia?
The company holding the most market share in the Non-Ferrous Metal Ore Mining industry in Russia is Norilsk Nickel.
How competitive is the Non-Ferrous Metal Ore Mining industry in Russia?
The level of competition is moderate and steady in the Non-Ferrous Metal Ore Mining industry in Russia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
Table of Contents
About this industry
Industry definition
Companies operating in the industry mine ore containing non-ferrous metals, like copper, nickel and gold. Some miners also carry out ore beneficiation processes, which are basic and preliminary processes that occur before smelting and refining.
Related Terms
OPEN-CUT MININGBENEFICIATIONSOLVENT EXTRACTIONWhat's included in this industry?
CopperGoldPalladiumNickelCompanies
Norilsk NickelRUSALIndustry Code
072 - Mining of non-ferrous metal ores in Russia
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Performance
Revenue Highlights
Trends
- Revenue
- 2025 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Non-Ferrous Metal Ore Mining in Russia industry?
Outlook
Analysis
What's driving the Non-Ferrous Metal Ore Mining in Russia industry outlook?
Volatility
Analysis
What influences volatility in the Non-Ferrous Metal Ore Mining in Russia industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Non-Ferrous Metal Ore Mining in Russia industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Copper demand is contingent on the construction sector. Copper is used in a range of applications in the construction sector, so demand tends to pick up when construction activity rises.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Non-Ferrous Metal Ore Mining in Russia industry's products and services performing?
Analysis
What are innovations in the Non-Ferrous Metal Ore Mining in Russia industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Non-Ferrous Metal Ore Mining in Russia industry?
International Trade
Highlights
- Total Imports into Russia
- Total Exports into Russia
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2025)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Larger companies can pour investment. Large-scale miners have the financial and capital resources to invest significantly into their operations, helping to improve efficiency and profitability compared to smaller operators.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2025)
Data Tables
- Number of Establishments by Region (2025)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Non-Ferrous Metal Ore Mining in Russia located?
Companies
Data Tables
Top 2 companies by market share:
- Market share (2025)
- Revenue (2025)
- Profit (2025)
- Profit margin (2025)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Miners must follow strict regulations. Miners must ensure they have the correct permissions and mining leases and follow strict environmental regulations concerning pollution and the use of hazardous chemicals.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Non-Ferrous Metal Ore Mining in Russia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Profit can be volatile. Volatility in commodity prices can cause profitability to fluctuate, especially as once a mine is at full capacity, there is only limited ability to influence operating costs.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Non-Ferrous Metal Ore Mining in Russia industry?
Key Ratios
Data tables
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
- Revenue per Employee (2015-2030)
- Wages/Revenue (2015-2030)
- Employees per Establishment (2015-2030)
- Average Wage (2015-2030)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and bottom five countries listed for each:
- Revenue Growth (2025)
- Business Growth (2025)
- Job Growth (2025)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2025)
- Imports/Demand (2025)
- Exports/Revenue (2025)
- Revenue per Employee (2025)
- Wages/Revenue (2025)
- Employees per Establishment (2025)
- Average Wage (2025)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Methodology
Where does IBISWorld source its data?
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