Russia’s Nornickel Ups Investment Forecast by $6 Billion Over Next Decade The extra money is required to upgrade energy infrastructure, the company said.
Russian Court Orders Mining Giant to Pay Nearly $2 Billion for Arctic Spill A Russian court has ordered a mining company involved in a massive Arctic fuel spill last year to pay approximately $1.96 billion in compensation.
Nikel Smelter Shutting Down On 23 December, the day before Christmas Eve, the Russian smelter in Nikel is shutting down for good.
Oil Spill in Siberia: Are We Prepared for Permafrost Thaw? Commentary: With a large share of Russian oil and gas industry concentrated in the Arctic, concerns arise over the preparation for the effects of climate change. Norilsk Nickel blames the oil spill on abnormally warm weather and thawing permafrost, which allegedly impacted the structural integrity.
