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MMC Norilsk Nickel: The Siberian Branch of the Russian Academy of Sciences presents a report on the results of the Great Norilsk Expedition

DJ MMC Norilsk Nickel: THE SIBERIAN BRANCH OF THE RUSSIAN ACADEMY OF SCIENCES PRESENTS A REPORT ON THE RESULTS OF THE GREAT NORILSK EXPEDITION

MMC Norilsk Nickel (MNOD) 
MMC Norilsk Nickel: THE SIBERIAN BRANCH OF THE RUSSIAN ACADEMY OF SCIENCES 
PRESENTS A REPORT ON THE RESULTS OF THE GREAT NORILSK EXPEDITION 
 
14-Dec-2020 / 11:04 MSK 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
PRESS RELEASE 
 
                                                           December 14, 2020 
 
       Public Joint Stock Company «Mining and Metallurgical Company «NORILSK 
      NICKEL» (PJSC "MMC "Norilsk Nickel", "Nornickel" or the "Company") the 
  world's largest of palladium and high-grade nickel and a major producer of 
                                                        platinum and copper. 
 
*THE SIBERIAN BRANCH OF THE RUSSIAN ACADEMY OF SCIENCES PRESENTS A REPORT ON 
THE RESULTS OF THE GREAT NORILSK EXPEDITION* 
 
Moscow, - The participants of the Great Norilsk Expedition [1] presented the 
       results of their work at the Russian Academy of Sciences and answered 
     questions from environmental specialists. During the field stage of the 
      expedition (July-September 2020), scientists from 14 institutes of the 
    Siberian Branch of the Russian Academy of Sciences collected about 2,000 
       samples of water, soils, bottom sediments and living organisms in the 
   Norilsk industrial region and on the Taimyr Peninsula and carried out the 
            measurement of permafrost soils. Next, the research moved to the 
laboratories of the academic institutes in the cities of Novosibirsk, Tomsk, 
 Barnaul, Yakutsk, Krasnoyarsk and Norilsk. Scientists were asked to outline 
an accurate delineation of the contamination plume after the May accident at 
  TPP-3 near Norilsk, identify or disprove the occurrence of oil products in 
      living and non-living objects, restore the chronology of anthropogenic 
  pollution in Taimyr, and track changes in the food base of the inhabitants 
                                     of tundra and in permafrost conditions. 
 
Field and laboratory studies became the basis for developing a report on the 
  condition of the territory surveyed by the scientists. The report presents 
the results of research in seven main areas: "Geophysics and geochronology", 
  "Permafrost soils", "Hydrobiology", "Surface waters", "Soil and vegetation 
             cover", "Bottom sediments", and "Bio and zoological diversity". 
 
  The research results confirm that the Norilsk industrial region is a major 
   geochemical anomaly where the natural geochemical background is anomalous 
    for nickel and copper in all parts. It is characteristic of all deposits 
that accumulated before the start of the economic development of the region. 
 
 The condition of terrestrial ecosystems near Norilsk to the Ambarnaya river 
   delta was recognised as unsatisfactory in terms of the level of pollution 
and transformation. However, according to the scientists, with distance from 
 the leak the condition of the territories improves from satisfactory in the 
    section from the Ambarnaya River to the sources of the Pyasina River, to 
               excellent from the mouth of the Tareya River to the Kara Sea. 
 
The study of soils at the site of the emergency diesel fuel storage facility 
     at TPP-3 and beyond shows that the thawing of permafrost at the base of 
     reservoir No. 5 and subsidence of the pile foundation, confirmed by the 
  study, could have been caused by underground drainage, the source of which 
                                is a lake located near the destroyed object. 
 
Partial degradation of plant communities has occurred in the study area, the 
 report says. The damage in the floodplains of Daldykan and Ambarnaya rivers 
 was recognised as serious. "The actual biodiversity of the entire region is 
    relatively low," the scientists say. "Moreover, no changes caused by the 
                         fuel spill were observed in the sampled organisms." 
 
The flow of a significant volume of oil products, spilled as a result of the 
accident, into the Arctic Ocean and even into the central and northern parts 
 of Lake Pyasino is practically impossible. Studies also indicate that there 
     is no negative impact of the accidental spill on the ecosystems of Lake 
                                              Pyasino and the Pyasina River. 
 
  Valentin Parmon, Chairman of the Siberian Branch of the Russian Academy of 
    Sciences, commented on the results of the expedition: "The Great Norilsk 
      Expedition is an important step for the Siberian Branch of the Russian 
 Academy of Sciences. We are back to exercising the very functions for which 
the Academy of Sciences was created - solving national issues. In this case, 
we are talking about environmental problems. At the request of Nornickel, we 
    conducted a comprehensive expedition for the first time in 30 years. The 
      results go beyond the company's interests, but this is exactly what is 
         required from science, as we are studying the current environmental 
                                                 conditions in our country." 
 
 Andrey Bugrov, Senior Vice President at Nornickel, said at the presentation 
  of the report: "The goals of the Great Norilsk Expedition were not only to 
investigate the causes and consequences of the incident at TPP-3 in Norilsk, 
      but also to commence a large-scale and comprehensive study of Taimyr's 
         ecosystems and climate change over recent decades. The Company will 
    carefully study the report presented at the Academy of Sciences and will 
 continue collaboration with fundamental science to introduce new approaches 
to economic management in the Arctic in the face of increasing environmental 
      requirements from the government and growing public demand for cleaner 
production. It is possible that one of the results of the expedition will be 
        the development of certain regulations, including regulatory acts of 
 nationwide scale, defining the framework for conducting economic activities 
                        in the Arctic regions with very fragile ecosystems." 
 
* * * 
 
    The Great Norilsk Expedition was organised by the Siberian Branch of the 
 Russian Academy of Sciences (SB RAS) in July 2020 at the initiative of PJSC 
MMC Norilsk Nickel. The expedition team included scientists from 14 academic 
    institutes, who conducted field research during July-September, and then 
  performed laboratory studies of samples for two months. The result will be 
 the development of a new concept and principles of economic activity in the 
      Arctic zone of Russia. While studying the ecosystems of Taimyr and the 
Norilsk industrial region, the SB RAS and Norilsk Nickel signed an agreement 
       on the joint implementation of a long-term programme to eliminate the 
 consequences of the oil spill in Norilsk, as well as to develop regulations 
    for industrial production in the Russian Arctic, taking into account the 
                                      principles of sustainable development. 
 
                                                           ABOUT THE COMPANY 
 
   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. The company also produces cobalt, rhodium, 
    silver, gold, iridium, ruthenium, selenium, tellurium, sulphur and other 
                                                                   products. 
 
     The production units of Norilsk Nickel Group are located at the Norilsk 
Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia as 
                                        well as in Finland and South Africa. 
 
               MMC Norilsk Nickel shares are listed on the Moscow and on the 
Saint-Petersburg Stock Exchanges, ADRs are traded over the counter in the US 
                    and on the London, Berlin and Frankfurt Stock Exchanges. 
 
                                        Media Relations: Investor Relations: 
 
                         Phone: +7 (495) 785 58 00 Phone: +7 (495) 786 83 20 
 
                                     Email: pr@nornik.ru Email: ir@nornik.ru 
 
ISIN:          US55315J1XXX 
Category Code: MSCM 
TIDM:          MNOD 
LEI Code:      253400JPTEEW143W3E47 
Sequence No.:  89601 
EQS News ID:   1154833 
 
End of Announcement EQS News Service 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=3d881a4c7f24e76cd8ab04726448aef1&application_id=1154833&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

December 14, 2020 03:04 ET (08:04 GMT)

© 2020 Dow Jones News
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