IMPLEMENTING THE ENVIRONMENTALLY FRIENDLY GROWTH STRATEGY

MORE GREEN METALS...

NORNICKEL IMPLEMENTS THE ENVIRONMENTALLY FRIENDLY GROWTH STRATEGY THAT NOT ONLY LAYS OUT LONG-TERM METAL PRODUCTION AND CAPITAL INVESTMENT TARGETS BUT ALSO SETS OUT CONCRETE ACTION PLANS TO REDUCE THE COMPANY’S ENVIRONMENTAL FOOTPRINT IN ITS REGIONS OF OPERATION.

...FOR A GREENER FUTURE

2021

sulfur-program-2-0
Kola Division

The programme is completed.

SO2 emissions (kt)
–90%
reduction achieved
Norilsk Division

The programme has entered the active construction phase.

SO2 emissions (kt)
–90%
reduction targeted by 2025
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CLIMATE ACTION

2030 ambition:

to remain a global industry leader positioned in the bottom quartile of the GHG intensity curve

Emission intensity curve for nickel (t of CO2 equivalent / t of Ni equivalent)

2021

production-growth

Investment decisions were made to develop long-term production configuration

Key strategic projects are on track

A new area for strategic consideration: vertical integration into the battery materials production chain

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Strategic ambitions for metal productionNorilsk Industrial District.

2021

extension-investment-cycle

The long-term investment programme was updated

Capital project scopes were adjusted

Systematic efforts were continued to build capital construction capabilities

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STRATEGIC AMBITIONS

INVESTMENT PROGRAMME

CAPEX (USD bn)