“Metal-consuming objects have risen in price by more than 10%” // Production Director of Norilsk Nickel Sergey Stepanov on the flooding of mines and the sulfur project

In 2021, Norilsk Nickel faced flooding of the Oktyabrsky and Taimyrsky mines, which significantly reduced the production program. Sergei Stepanov, senior vice president and production director of the company, told Kommersant about the consequences of the accident, as well as why the price for the “sulfur program” of Norilsk Nickel has risen. …

The prosecutor’s office found violations of safety standards at six mines in Kuzbass

The prosecutor’s office of the Kemerovo region (Kuzbass) found violations in six organizations during an explosion hazard inspection of all mining enterprises in the region. The inspection is carried out on behalf of the Prosecutor General Igor Krasnov after the accident at the Listvyazhnaya mine, where 52 people died. failure to provide them with personal … Read more

Norilsk Nickel assesses the restoration of two mines after flooding at $ 150 million

The restoration of the Taimyrsky and Oktyabrsky mines after the flooding will take about $ 150 million, said Sergey Malyshev, senior vice president, financial director of Norilsk Nickel. The work of these mines was suspended at the end of February. Oktyabrsky reached full capacity by mid-May, Taimyrsky is still operating at 80% capacity. As Mr. … Read more

Norilsk Nickel tripled its results // EBITDA of the company increased to $ 5.7 billion

For Norilsk Nickel, high metal prices neutralized the consequences of the accident at the mines in the spring and an increase in the tax burden. The company’s revenues from the sale of the company’s base metals increased by one third, and EBITDA – three times. …