Norilsk Nickel will deliver 45,000 tons of copper to China via the Northern Sea Route this year. This was announced by representatives of the company at the Neva shipbuilding conference in St. Petersburg, Interfax reports.
Norilsk Nickel is interested in expanding supplies via the NSR, as this route provides high-speed delivery of raw materials to consumers, and the development of year-round shipping opens up wide export opportunities.
Before the use of the Northern Sea Route, Interfax notes, products were shipped to China from the Bystrinsky mining and processing plant in the Trans-Baikal Territory, the productivity of which is up to 70,000 tons per year.
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
