$2.1bn Norilsk fuel spill claim points to growing ESG risks
Mining News Pro - The $2.1-billion environmental damage that Russia has claimed from major Norilsk Nickel (Nornickel) for a fuel spill in the Arctic indicates growing environmental, social and governance (ESG) financial exposure of commodity companies operating in the emerging markets, says Fitch Ratings.
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Nornickel reports another fuel spill in the Arctic
Mining News Pro - Russian mining company Norilsk Nickel reported that a pipeline belonging to Norilsktransgaz, which is part of the Norilsk Nickel Group, depressurized during the transfer of aviation fuel in the vicinity of the village of Tukhard, located on the Gydanskii tundra.
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Russia halts Nornickel power unit after fuel spill
Mining News Pro - Russia’s safety watchdog on Friday ordered a power unit of mining giant Norilsk Nickel (Nornickel) to suspend operations at six facilities for 90 days for violating safety rules, following a fuel spill in the Arctic.
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Fuel spill in Siberia to cost Nornickel over $150 million
Mining News Pro - Clean-up costs for the fuel spill that took place in late May at Nornickel’s Heat and Power Plant № 3 near Norilsk, in north-central Russia, add up to $150 million, according to information released by the company this week.
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US offers help with Nornickel’s Arctic fuel spill, Russia thankful
Mining News Pro - Russia’s Vice-minister for Emergencies, Alexandr Chupriyan, expressed gratitude to the countries that have offered to help with the fuel spill in Siberia in which 20,000 tons of diesel leaked from a reservoir owned by MMC Norilsk Nickel PJSC.
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