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MMC Norilsk Nickel
Norilsk Nickel (russian: ГМК «Норильский никель»), or Nornickel, is a Russian nickel and palladium mining and smelting company. Its largest operations are located in the Norilsk–Talnakh area near the Yenisei River in the north of Siberia. It also has holdings in Nikel, Zapolyarny, and Monchegorsk on the Kola Peninsula, in Harjavalta in western Finland, and in South Africa. Headquartered in Moscow, Norilsk Nickel is the world's largest producer of refined nickel and the 11th largest copper producer. The company is listed on MICEX-RTS. As of March 2021, its key shareholders were Vladimir Potanin's Olderfrey Holdings Ltd (34.59%) and Oleg Deripaska's Rusal (27.82%). In December 2010, Norilsk Nickel made a share buyback offer for Rusal's 25% share in the company for $12 billion, but the offer was declined. In 2012, Potanin's Interros holding, Rusal, and Roman Abramovich signed a shareholder agreement on the size of dividend payouts to end a conflict over t ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous ( Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its electricity. Some iron ...
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Harjavalta
Harjavalta () is a town and municipality in Finland. It is located in the province of Western Finland and is part of the Satakunta region, southeast of Pori. The town has a population of () and covers an area of of which is water. The population density is . Today people in the town are employed in the copper and nickel smelting industries. Today's most used metal recovery method, the flash smelting method, was developed at Harjavalta and implemented in 1949. Originally part of Outokumpu, a Finnish company, the copper business is now owned by Boliden and the nickel business by Norilsk Nickel. Hiittenharju is a ridge in Harjavalta, known for its archaeology and cultural history. The banks of the ancient Litorina Sea lies on the fringes of the Hiittenharju ridge. In the Hiittenharju area Bronze Age graves, called barrows, have been discovered, and there is also a historical route called Huovintie running through Hiittenharju. The river Kokemäenjoki river runs through the town. ...
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Kola Peninsula
sjd, Куэлнэгк нёа̄ррк , image_name= Kola peninsula.png , image_caption= Kola Peninsula as a part of Murmansk Oblast , image_size= 300px , image_alt= , map_image= Murmansk in Russia.svg , map_caption = Location of Murmansk Oblast within Russia , location= Northwest Russia , coordinates= , area_km2= 100000 , length_km= 370 , width_km= 244 , highest_mount= Yudychvumchorr , elevation_m= 1201 , waterbody = * Barents Sea * White Sea , country= Russia , country_admin_divisions_title= Oblast , country_admin_divisions= Murmansk Oblast , density_km2= , demonym= , population= , citizenships= The Kola Peninsula (russian: Кольский полуостров, Kolsky poluostrov; sjd, Куэлнэгк нёа̄ррк) is a peninsula in the extreme northwest of Russia, and one of the largest peninsulas of Europe. Constituting the bulk of the territory of Murmansk Oblast, it lies almost completely inside the Arctic Circle and is bordered by the Barents Sea to the n ...
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Monchegorsk
Monchegorsk (russian: Мончего́рск) is a town in Murmansk Oblast, Russia, located on the Kola Peninsula, south of Murmansk, the administrative center of the oblast. Population: 52,242 ( 2002 Census); 68,652 ( 1989 Census). Name The name of the town derives from Akkala Sámi word ''monce'' 'beautiful'. The name originally was intended for nearby Montshatuntur (Arctic Hill). History It was established in the 1930s as the inhabited locality of Moncha-Guba (), which served copper and nickel mining in the Monchetundra Massif.''Administrative-Territorial Division of Murmansk Oblast'', p. 49 It was granted work settlement status and renamed Monchegorsk by the Resolution of the Presidium of All-Russian Central Executive Committee (VTsIK) on November 25, 1935. At the same time, it was transferred from Kolsky District to Kirovsky District. By 1937, the copper-nickel mining volume increased significantly, and, consequently, the area population grew as well.''Admin ...
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Zapolyarny, Murmansk Oblast
Zapolyarny (russian: Заполя́рный; no, Zapoljarnyj) is a town in Pechengsky District of Murmansk Oblast, Russia, located on the Kola Peninsula, northeast of the Kola Superdeep Borehole project. Population: The area where the town is located belonged to Finland in 1920–1944. It was founded in 1956 as ''Zhdanovsk'' () and was granted work settlement status and later given its present name. On February 1, 1963, by the Decree by the Presidium of the Supreme Soviet of the RSFSR, Zapolyarny was elevated in status to that of a town of district significance Town of district significance is an administrative division of a district in a federal subject of Russia. It is equal in status to a selsoviet or an urban-type settlement of district significance, but is organized around a town (as opposed to a ....''Administrative-Territorial Division of Murmansk Oblast'', p. 56 It is the nearest town to the disused Koshka Yavr naval air station. References Notes ...
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Nikel
Nikel (russian: Ни́кель, lit. ''nickel''; fi, Nikkeli; Norwegian: ''Nikkel'') is an urban locality (an urban-type settlement) and the administrative center of Pechengsky District of Murmansk Oblast, Russia, located on the shores of Lake Kuets-Yarvi northwest of Murmansk and from the Norwegian border on . Population: 18,000 (1973). History In the 1920 Treaty of Tartu, Soviet Russia ceded the area of Petsamo to Finland.''Administrative-Territorial Division of Murmansk Oblast'', p. 54 In the 1930s huge reserves of nickel were found on fells nearby. The amount was estimated to be five million tons. In 1934, the Finnish Government awarded the mining right to the British Mond Nickel Co, subsidiary of International Nickel Co (Inco), that founded the Petsamon Nikkeli Oy mining company. The company began building a railway, as well as other infrastructure, between the town, then known as Kolosjoki, and Liinahamari harbor. In the Winter War of 1939–1940, the Soviet U ...
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Siberia
Siberia ( ; rus, Сибирь, r=Sibir', p=sʲɪˈbʲirʲ, a=Ru-Сибирь.ogg) is an extensive geographical region, constituting all of North Asia, from the Ural Mountains in the west to the Pacific Ocean in the east. It has been a part of Russia since the latter half of the 16th century, after the Russians conquered lands east of the Ural Mountains. Siberia is vast and sparsely populated, covering an area of over , but home to merely one-fifth of Russia's population. Novosibirsk, Krasnoyarsk and Omsk are the largest cities in the region. Because Siberia is a geographic and historic region and not a political entity, there is no single precise definition of its territorial borders. Traditionally, Siberia extends eastwards from the Ural Mountains to the Pacific Ocean, and includes most of the drainage basin of the Arctic Ocean. The river Yenisey divides Siberia into two parts, Western and Eastern. Siberia stretches southwards from the Arctic Ocean to the hills of north-ce ...
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Yenisei River
The Yenisey (russian: Енисе́й, ''Yeniséy''; mn, Горлог мөрөн, ''Gorlog mörön''; Buryat: Горлог мүрэн, ''Gorlog müren''; Tuvan: Улуг-Хем, ''Uluğ-Hem''; Khakas: Ким суғ, ''Kim suğ''; Ket: Ӄук, ''Quk''; Nenets: Ензя-ям’, ''Enzja-jam''), also romanised as Yenisei, Enisei, or Jenisej, is the fifth-longest river system in the world, and the largest to drain into the Arctic Ocean. Rising in Mungaragiyn-gol in Mongolia, it follows a northerly course before draining into the Yenisey Gulf in the Kara Sea. The Yenisey divides the Western Siberian Plain in the west from the Central Siberian Plateau to the east; it drains a large part of central Siberia. It is the central one of three large Siberian rivers that flow into the Arctic Ocean (the other two being the Ob and the Lena). The maximum depth of the Yenisey is and the average depth is . The depth of river outflow is and inflow is . Geography The Yenisey proper, from ...
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Norilsk
Norilsk ( rus, Нори́льск, p=nɐˈrʲilʲsk, ''Norílʹsk'') is a closed city in Krasnoyarsk Krai, Russia, located south of the western Taymyr Peninsula, around 90 km east of the Yenisey River and 1,500 km north of Krasnoyarsk. Norilsk is 300 km north of the Arctic Circle and 2,400 km from the North Pole. It has a permanent population of 182,701 (2021), and up to 220,000 including temporary inhabitants. It is the second-largest city in the region after Krasnoyarsk. Since 2016 Norilsk's population has grown steadily. In 2017, for the first time, migration to the city exceeded outflow; In 2018, according to Krasnoyarskstat, natural population growth amounted to 1,357 people: 2,381 people were born, 1,024 people died. It is the world's northernmost city with more than 180,000 inhabitants, and the second-largest city (after Murmansk) inside the Arctic Circle. Norilsk and Yakutsk are the only large cities in the continuous permafrost zone. Norilsk is located atop some of the ...
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Smelting
Smelting is a process of applying heat to ore, to extract a base metal. It is a form of extractive metallurgy. It is used to extract many metals from their ores, including silver, iron, copper, and other base metals. Smelting uses heat and a chemical reducing agent to decompose the ore, driving off other elements as gases or slag and leaving the metal base behind. The reducing agent is commonly a fossil fuel source of carbon, such as coke—or, in earlier times, charcoal. The oxygen in the ore binds to carbon at high temperatures due to the lower potential energy of the bonds in carbon dioxide (). Smelting most prominently takes place in a blast furnace to produce pig iron, which is converted into steel. The carbon source acts as a chemical reactant to remove oxygen from the ore, yielding the purified metal element as a product. The carbon source is oxidized in two stages. First, the carbon (C) combusts with oxygen (O2) in the air to produce carbon monoxide (CO). Second, the ...
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Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, an ...
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