Mining and Metallurgical Company (MMC) Norilsk Nickel has invested 59.5 billion rubles over the past four years in the development of its divisions operating in the Murmansk Region.
In particular, at the industrial site of the Kola MMC, the holding implemented an investment project called "Production Reconfiguration Program", the regional Ministry of Information Policy reported.
This initiative will allow the assets of the Kola MMC to grow almost by two times. At the same time, emissions of harmful substances will decrease at the facilities, and economic efficiency will increase by reducing operating costs and metal losses, Norilsk Nickel notes.
According to the Governor of the Murmansk region Andrey Chibis, in four years the region has received 79.3 billion rubles of tax revenue from the divisions of Norilsk Nickel.
PJSC MMC Norilsk Nickel is a diversified mining and metallurgical company, the world's largest producer of palladium and high-grade nickel, and the world's leading producer of platinum, cobalt, copper and rhodium. The company also produces silver, gold, iridium, ruthenium, selenium, tellurium, sulfur among other products.
The production divisions of the Norilsk Nickel group of companies are located in Russia in the Norilsk industrial region, on the Kola Peninsula and in the Trans-Baikal Territory, as well as in Finland.
In Russia, the company's shares are admitted to trading on the Moscow and St. Petersburg stock exchanges, and its American depository receipts are admitted to trading on the St. Petersburg stock exchange.
The group's products are supplied to 37 countries in Europe, the Asia-Pacific region, and Americas. It is acquired by more than 400 partner companies. Its sales offices operate in Switzerland, China and the USA.
Norilsk Nickel fully supports the UN 2030 Sustainable Development Agenda and the UN Sustainable Development Goals. For the company, adherence to the principles of sustainable development and corporate social responsibility is an integral part of efficient operations and business development. Norilsk Nickel is constantly improving its environmental protection activities, human rights protection policy, occupational safety and health, environmental impact assessment, and biodiversity conservation. The company spent 333 billion rubles on projects related to sustainable development in 2022.
Alex Shishlo for Rough&Polished
