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6 results on '"NTEC"'

1. High palladium price helps break fall in Nornickel's 2020 profit.

Author

O'Sullivan, Orla

Subjects
OIL spills, NICKEL mining, COBALT, NICKEL
Abstract

Nornickel's annual profit fell by 39% in 2020, despite a 15% increase in its revenues compared with 2019, according to financial results issued by the Russian miner on Tuesday February 16. [ABSTRACT FROM AUTHOR]

Published
2021

2. Court upholds fine on Nornickel, now $1.93bln.

Author

O'Sullivan, Orla

Subjects
OIL spills, COURTS
Abstract

A Russian court on Friday February 5 largely upheld a contested fine on Nornickel, charging it $1.93 billion - the country's largest environmental fine - for an oil spill in the Arctic. [ABSTRACT FROM AUTHOR]

Published
2021

3. Nornickel says Arctic oil spill cost just $273mln, not $2.1bln.

Author

O'Sullivan, Orla

Subjects
OIL spills, NICKEL mining, STEEL
Abstract

The damage caused by an oil spill in the Arctic from a Nornickel unit in May 2020 was valued at 21.4 billion roubles ($273 million), Nornickel asserted on Monday October 5. [ABSTRACT FROM AUTHOR]

Published
2020

4. Nornickel invests $1.3 bln in safety after fine hits H1 profit.

Author

O'Sullivan, Orla

Subjects
PROFIT, WORK-related injuries, SAFETY, OIL spills
Abstract

Nornickel, which had three industrial accidents within seven weeks in the middle of this year and gave up most of its profit for the first half due to a record environmental fine, announced this week that it would invest $1.3 billion in safety improvements in Siberia. [ABSTRACT FROM AUTHOR]

Published
2020

5. Nornickel challenges $2.1bln oil spill fine.

Author

O'Sullivan, Orla

Subjects
OIL spills, SMELTING furnaces
Abstract

Russian miner and smelter Nornickel has challenged a $2.1 billion bill issued by the country's environmental watchdog on July 6 after a huge oil spill in May. [ABSTRACT FROM AUTHOR]

Published
2020

6. Nornickel mostly cleans oil spill, says mines OK.

Author

O'Sullivan, Orla

Subjects
OIL spill cleanup, NICKEL mining, MINES & mineral resources
Abstract

Nornickel has completed the first phase of cleaning a massive oil spill in its key mining division, an incident it recently told investors signaled no immediate danger to its mines. [ABSTRACT FROM AUTHOR]

Published
2020

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