This work presents the results of geochemical (LA-ICP-MS) study of minerals of peridotites from ophiolite complexes of the Polar Urals to clarify the nature of these formations. The distribution of trace and rare earth elements in clinopyroxenes testifies that there were three types of the mantle substratum, which formed in different geodynamic settings. Two types of primary peridotites were formed upon partial melting of the mantle at different-depth levels in the subduction zone. The first type is represented by lherzolites and diopside harzburgites, formed at partial melting under the spinel facies conditions; the second type is represented by diopside harzburgites, formed under polybaric partial melting under the garnet and spinel facies conditions. In the suprasubduction zone, peridotites experienced fluid-induced partial melting that resulted in crystallization of harzburgites. All types of harzburgites were transformed by ascending melts and fluids (refertilization) and high-temperature hydration with the formation of amphibole. These processes are recorded in variations in the REE spectra of minerals.