Russia’s Nornickel Ups Investment Forecast by $6 Billion Over Next Decade The extra money is required to upgrade energy infrastructure, the company said.
Russia will test air quality monitoring system in Norilsk with view to going nationwide The Nornickel metals facility in the Russian Arctic city has long been a major source of pollution.
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.
Nornickel disputes the environmental cost of May’s massive Arctic fuel spill Russia’s Norilsk Nickel estimates the environmental cost of a huge fuel spill in the Arctic in May is 21.4 billion roubles ($273 million), far less than an assessment by the country’s environment watchdog, which has begun court action.
Corona Virus Hits Metal Industry, NorNickel Reducing Income Goals Money pours in for the world’s largest producer of nickel and palladium, the Russian corporation NorNickel. Last year its operating result reached USD 7.9 billion. However, the outbreak of the corona virus may hit the company’s economy hard. Demand has dropped in recent weeks.
There Are No Environmental Problems in Nikel, Says Putin’s Special Advisor The problem in Nikel is largely mythologized, says Sergey Ivanov, the Russian President’s Advisor on Environmental Issues. The statement baffles Norwegian authorities and experts.
