Nornickel
| PAO GMK Norilski Nikel
|
|
|---|---|
 |
|
| legal form | PAO (Public Company ) |
| ISIN | RU0007288411 |
| founding | June 30, 1993 |
| Seat |
Moscow , Russia
|
| management |
|
| Number of employees | 83,624 |
| sales | 8,542,000,000 US dollars |
| Branch | Mining , metallurgy |
| Website | www.nornickel.com |
| As of December 31, 2015 | |
Nornickel ( Russian Норникель , until 2016: Norilsk Nickel) is a company from Russia with headquarters in Moscow . The company is listed in the RTS index on the Russian Trading System and on the NASDAQ . According to its own information, the company contributes 1.5% of the Russian gross domestic product .
Overview
Nornickel's operational business is primarily located in the Norilsk - Talnach region in northern Russia, where the company is by far the largest employer.
Nornickel is the world 's leading nickel and palladium producer . Furthermore, in conjunction with its subsidiary Stillwater Mining Company ( Denver , Colorado ) , the company was ranked among the four largest platinum producers and one of the ten largest copper producers in the world. Nornickel also mines cobalt , rhodium , silver , gold , tellurium , selenium , iridium , ruthenium and coal .
history
The copper and nickel deposits of the Taimyr Peninsula had been known since the 17th century, but it wasn't until the 1920s that mining began in the Norilsk region. The government of the USSR created the Norilsk Combine on June 23, 1935 and thus the beginning of what is now the largest mining and metallurgy company in the country. Production began on March 10, 1939.
In the first two decades, Norilsk and the local nickel combine were built and operated almost exclusively by Gulag prisoners who were incarcerated in the Norilsk corrective labor camp (Russian short form: Noril-Lag), which existed from 1935 to 1956 . The number of inmates in this camp rose steadily until Stalin's death in 1953 and reached around 70,000 to 90,000 in the early 1950s. A total of 270,000 people passed through the camp, and 17,000 to 18,000 died in prison.
Also in the Murmansk Oblast on the Kola Peninsula emerged mining and for the promotion of copper and nickel - 1935 Seweronikel in Monchegorsk and 1940 Petschenganikel in Zapolyarny and Nikel .
On November 4, 1989, a government resolution united the three combines with two other companies and the Gipronickel Institute to form Norilsk Nickel , and another resolution on June 30, 1993 formed the joint stock company RAO Norilsk Nickel from the company . In 2000 the company was restructured and named Norilsk Gornaja Kompanija , but in 2001 another restructuring followed and a new name - GMK Norilsk Nickel .
In 2014 the company sold its interests in gold and nickel deposits (Lake Johnston, Cawse, Avalon, Black Swan, Silver Swan) in Western Australia .
Since 2014, Norilsk Nickel has been developing the Bystrinsky copper-gold-iron deposit near Tschita .
In July 2016, Norilsk Nickel renewed its corporate identity. The company now operates under the name Nornickel, and a new company logo has also been introduced.
In 2019 it was reported that Nornickel was working on a trading platform for the creation of crypto tokens for trading palladium .
At the end of May and beginning of June 2020 around 21,000 m³ of diesel fuel from the power plant operator NTEK, which is a subsidiary of Nornickel, flowed into the Ambarnaja near Norilsk . According to Norilsk Nickel, a diesel tank was damaged when the supporting pillars sank through the thawing permafrost . By June 9, 2020, around 23,000 m³ of soil had been disposed of and 2.4 km of oil barriers had been erected in the contaminated waters.
Corporate investments
- Polyus Gold Mining Company is Russia's leading gold mining company and is 100% owned by Norilsk Nickel
- Interros Holding Company holds shares in Norilsk Nickel
- Norilsk Nickel Finland in Harjavalta
- The Gipronickel Institute in Saint Petersburg is a leading company in the field of metallurgy . The company designs and builds Norilsk Nickel's plants.
- Norilsk Nickel holds 50% of the shares in the South African Nkomati nickel mine as a result of the takeover of LionOre Mining International Limited on June 28, 2007.
- The group has an 85% stake in the Phoenix Mine ( opencast mine ) in Botswana , east of Francistown , which was opened in 1995 (15% state shares by the Botswana government). The takeover also resulted from the acquisition of LionOre Mining International Limited on June 28, 2007. Another associated underground mine, the Selkirk Mine , was opened in 1989 not far from the Phoenix Mine .
The Stillwater Mining Company , Denver was controlled over 50% of Norilsk Nickel. The company won in Stillwater ( Montana ) ore concentrates from the Stillwater Complex with significant levels of platinum group metals (PGM). However, Norilsk Nickel sold its shares in fiscal 2010, continuing its withdrawal from the platinum and palladium business.
criticism
The mining of nickel has led to severe environmental pollution in the vicinity of Norilsk , which is why the city was closed to foreigners in November 2001. In 2006, the city was named one of the ten most polluted places in the world by the Blacksmith Institute . The main culprit is Norilsk Nickel. The company also ranks number one among Russian industrial companies when it comes to air pollution.
literature
- Simon Ertz: Forced Labor in Noril'sk. An atypical, ideal-typical camp complex . In: Eastern Europe , 6-2007, pp. 289-300.
- Stephen Fortescue, Vesa Rautio: From Labor Camp to World Market Leader. A company portrait of Noril'sk Nikel 'non-ferrous metal smelter . In: Osteuropa , 6-2007, pp. 395–408.
Web links
- Website Nornickel (Russian)
- Norilsk Nickel website (English)
- Polyus Gold Mining Company (English)
- Interros Holding Company (Russian, English)
- Gipronickel Institute (Russian)
Individual evidence
- ↑ Management Board
- ^ Board of Directors
- ↑ a b Annual Report 2015 (English)
- ^ Map of the Gulag near Norilsk
- ↑ Simon Ertz: Forced Labor in Noril'sk. An atypical, ideal-typical camp complex , p. 293.
- ↑ Simon Ertz: Forced Labor in Noril'sk. An atypical, ideal-typical camp complex , p. 295.
- ↑ Yuliya Fedorinova: Norilsk Approves $ 1 Billion Chita Copper Project on China Demand . In: Bloomberg.com . May 19, 2014 ( bloomberg.com ).
- ↑ Nornickel: Nornickel presents new brand accessed on April 20, 2019
- ↑ Ana Alexandre: Russian mining giant is working on tokenization of palladium on de.cointelegraph.com, March 29, 2019.
- ↑ a b Красноярский губернатор прилетел в Норильск из-за ЧП на ТЭЦ-3. In: ria.ru. June 4, 2020, accessed June 4, 2020 (Russian).
- ↑ MMC Norilsk Nickel: CLEAN-UP UNDERWAY AFTER ACCIDENTAL DIESEL SPILL AT NORILSK NICKEL'S HEAT AND POWER PLANT? In: finanznachrichten.de. June 3, 2020, accessed June 4, 2020 (Company press release).
- ^ Diesel disaster in Norilsk: Over 23,000 cubic meters of contaminated soil removed. In: de.sputniknews.com. June 9, 2020, accessed June 9, 2020 .
- ↑ www.nornik.fi
- ↑ a b Norilsk Nickel Africa. , www.nornik.ru (English)
- ↑ Norilsk Nickel over $ 5 billion in profit , June 20, 2011
- ↑ Blacksmith Institute on Norilsk ( Memento of the original dated February 3, 2007 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
