Norilsk Nickel stated that it intends to maintain its social, production and environmental projects, as well as proceed with their implementation, despite the current situation, according to Andrey Grachev, Vice President of Norilsk Nickel for federal and regional programs.
“Norilsk Nickel is not reconsidering anything, Norilsk Nickel had goals, and still has them. The first is to ensure stable production, the second is to ensure the fulfillment of all obligations under contracts, and the third is to fulfill all our social obligations to the company's employees and to the citizens of the Russian Federation who live in cities where the company's production is concentrated,” Grachev noted.
He specified that the company's environmental obligations would be met, but it would take time for the company to completely replace imports. The company intends to invest 440 billion rubles in environmental projects, and the total investment program of Norilsk Nickel for the next 10 years is 2.16 trillion rubles.
Norilsk Nickel is a diversified mining and metals company and the world's largest producer of palladium and high-grade nickel. The company also produces copper, platinum, silver, gold, cobalt, rhodium, iridium, ruthenium, selenium, tellurium, sulfur and 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.