Gareth Penny

NORNICKEL'S BOARD ADOPTS HOLISTIC ENVIRONMENTAL STRATEGY

Retrieved on: 
Tuesday, June 1, 2021

Moscow, June 1, 2021 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that its Board of Directors has adopted the company's holistic environmental strategy.

Key Points: 
  • Moscow, June 1, 2021 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that its Board of Directors has adopted the company's holistic environmental strategy.
  • The strategy follows a detailed stakeholder engagement and benchmarking audit based on key environmental goals.
  • Nornickel is also renewing its environmental governance structure to improve risk management processes and ensure effective implementation of the strategy.
  • Chairman of Nornickel Board of Directors Gareth Penny commented:
    "The board applauds the company management's effort to carry out the most significant overhaul of Nornickel's environmental strategy in history.

NORNICKEL'S BOARD HAS DISCUSSED THE CLEAN-UP OPERATION AT CHPP-3

Retrieved on: 
Wednesday, July 29, 2020

Moscow, July 29, 2020 - The Board of Nornickel met yesterday to discuss various matters relating to the oil spill and other environmental issues.

Key Points: 
  • Moscow, July 29, 2020 - The Board of Nornickel met yesterday to discuss various matters relating to the oil spill and other environmental issues.
  • The Board commended management on the substantial progress that has been made in cleaning up the spill.
  • The Board also discussed the recent management changes to improve the focus on and culture towards environmental affairs.
  • Chairman of the Board, Gareth Penny, commented: We have seen significant progress on our journey to transform environmental practises at Nornickel.

NORNICKEL ANNOUNCES THAT MAXIM POLETAEV AND NIKOLAY ABRAMOV CEASE TO BE INDEPENDENT DIRECTORS

Retrieved on: 
Wednesday, July 8, 2020

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Moscow, July 7, 2020 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that its Directors Maxim Poletaev and Nikolay Abramov have ceased to be independent directors on the Board.
  • In accordance with the Company's Articles of Association, listing rules of the Moscow Exchange and the recommendations of the Code of the Corporate Governance, Maxim Poletaev and Nikolay Abramov have ceased to meet independent director criteria of the Board of Directors of Norilsk Nickel following their respective recent appointments to managerial positions at UC Rusal, a 27% shareholder of Nornickel.
  • Therefore, currently there are six independent directors remaining on the Board of Norilsk Nickel: Gareth Penny, Sergey Bratukhin, Sergey Volk, Roger Munnings, Robert Edwards and Evgeny Shvarts out of total 13 directors.

NORNICKEL DISPOSES OF HONEYMOON WELL NICKEL PROJECT IN AUSTRALIA

Retrieved on: 
Friday, June 19, 2020

Moscow, June 19, 2020 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that through its Australian subsidiary, MPI Nickel Pty Ltd, it has entered into a definitive agreement with BHP Billiton Nickel West Pty Ltd ("BHP" or "the Buyer"), a wholly owned subsidiary of BHP Group Limited, to sell its Honeymoon Well Nickel Project ("the Project") for an undisclosed amount.

Key Points: 
  • Moscow, June 19, 2020 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that through its Australian subsidiary, MPI Nickel Pty Ltd, it has entered into a definitive agreement with BHP Billiton Nickel West Pty Ltd ("BHP" or "the Buyer"), a wholly owned subsidiary of BHP Group Limited, to sell its Honeymoon Well Nickel Project ("the Project") for an undisclosed amount.
  • The Project located in Western Australia encompasses Honeymoon Well, a greenfield nickel development, as well as Albion Downs North and Jericho Joint Ventures, both exploration projects where BHP currently owns the remaining 50% stake.
  • "With the sale of Honeymoon Well Nickel Project we complete the strategic exit from Australian operations and reinforce our focus on the development of our Tier-1 asset portfolio in Russia.
  • MMC Norilsk Nickel is a diversified mining and metallurgical company, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper.