Vladimir Strzhalkovsky on a business trip to the Murmansk region
Moscow, November 18, 2009 – General Director and Chairman of the Management Board of MMC Norilsk Nickel (“Norilsk Nickel” or “the Company”) Vladimir Strzhalkovsky is planning a business trip to the Murmansk region on November 19-20, where he will visit Norilsk Nickel’s Transport Division and Kola MMC operations.
In the city of Monchegorsk Mr. Strzhalkovsky will inspect Tankhouse No.1 undergoing a major reconstruction as part of the investment project that will allow an increase in the electrolytic nickel output. V. Strzhalkovsky and top managers of Kola MMC will hold a business meeting to discuss 2009 performance and 2010 targets.
In Zapolyarny, Mr. Strzhalkovsky will visit the Concentrator in order to assess the progress in the implementation of briquetting process at the plant. The purpose of this project is to replace the existing pelletizing/roasting processes, where large amounts of low grade SO2 gases are generated, with the process of concentrate briquetting, eliminating the roasting stage. The project is a part of the Company’s Production Modernization Program aimed at the reduction of emissions containing sulphur and dust/heavy metal particles through the reconstruction of its metallurgical facilities.
During this trip the General Director also intends to discuss the issues related to the development of Murmansk Transport Division.
In Murmansk Messrs. Strzhalkovsky and Muraviev, General Director of Kola MMC, will hold a joint press conference to summarize the business trip results.
ABOUT MMC NORILSK NICKEL:
MMC Norilsk Nickel is a diversified mining and metal producing company, the world's largest producer of nickel and palladium and one of the global leaders in the production of platinum, cobalt, copper and rhodium. By-product metals of MMC Norilsk Nickel include gold, silver, iridium, osmium, selenium, ruthenium and tellurium.
Production facilities of Norilsk Nickel Group are located in Russia (Norilsk Industrial Area and Kola Peninsula), Finland, USA, Australia, Botswana and South Africa.
The Company is rated Baa2 by Moody's Investors Service and BBB- by Standard & Poor's and Fitch Ratings.
