The formation age of the Siberian cratonic mantle is not well established as yet. Re–Os data on various mantle-derived materials have shown that it contains Archaean components, but the reported Re-depletion ages show a broad variation range (3.4 to 1 Ga) and are commonly ≤ 2 Ga for peridotite xenoliths. We report Hf and Nd isotope data for cpx and garnet separated from nine refractory spinel and garnet peridotite xenoliths from the Udachnaya kimberlite. The cpx from low-opx spinel harzburgites show extremely high εHf values, from + 607 to + 2084, which testify to long-term evolution of these rocks with high Lu/Hf ratios, consistent with their residual origin and near absence of post-melting enrichments in the Lu–Hf system. Such high εHf values are unusual for cpx from other cratonic peridotites and are higher than those reported for depleted cpx in off-cratonic peridotites. The clinopyroxenes from low-opx spinel harzburgites yield Hf model ages from 1.9 to 1.7 Ga while the cpx from high-opx spinel harzburgites yield Hf model ages from 3.0 to 1.9 Ga. When plotted together, they define a Lu/Hf isochron with an age of 1.80 Ga, which we consider as a robust estimate of the formation age (melt extraction event) because it is obtained on residual rocks that show no evidence for HREE and Hf enrichments and because the model ages for three out of four individual samples are similar to each other. The cpx have high εNd of + 94 to + 123, which are inconsistent with their low Sm/NdPM of < 1 and yield no meaningful age estimates. The consistently high, positive εNd in these cpxs can be interpreted in terms of long-term evolution of refractory peridotites with high Sm/Nd, followed by relatively recent LREE enrichments.