About us

NIKOMAG is specializing in manufacturing high purity magnesium products - magnesium chloride, oxide and hydroxide. The company disposes of a modern production technology, a source of main raw material - mineral bischofite, located in close proximity, and its own research center with state-of-art equipment. Its extensive system of sales all over the world allows the company to cooperate with various industries: petroleum production, metallurgy, food industry, power industry, chemical industry etc.

NIKOMAG was founded in 2006 in order to make a separate direction of the integrated bischofite processing program being implemented within Group of Companies NIKOCHEM development strategy.

In 2006, the company started up a magnesium chloride flakes and prills production complex with capacity of 30 thousand tons/year. In January 2014, additional process units were introduced - the company's magnesium chloride production capacity was increased by 30 thousand tons/year.

At the present moment, NIKOMAG is the largest producer of magnesium chloride and magnesium chloride based deicing agents in the Russian Federation.

In July 2015, the company together with its strategic co-investors RUSNANO and SBERBANK implemented a large investment project. The main products of the project are magnesium hydroxide and magnesium oxide.


for magnesium hydroxide - 25 thousand tons/year;
for magnesium oxide - 30 thousand tons/year;
for magnesium chloride - 60 thousand tons/year;


Bischofite brine is used to produce synthetic magnesium hydroxide and high purity magnesium oxide and chloride. Explored bischofite reserves and obtained licenses for mining it guarantee raw material supply for production during at least the next 150 years.


Revenue, million US dollars
Gross profit, million US dollars
EBITDA, million US dollars