NLMK Group upgrades air purification system at Stoilensky
NLMK Group, a global steel company, has embarked on a large-scale environmental upgrade of the air purification system at the Stoilensky Beneficiation Plant. The project will enable a 10-fold decrease in air dust concentration in the working zone and halve gross atmospheric emissions. Investment in the project will total approximately RUB 700 million. All works are scheduled for completion by the end of 2021.
The dedusting system upgrade includes replacing dust catchers, exhaust fans, and air ducts, and installing additional ventilation systems, a sprinkler system at receiving bunkers, and other elements of the air purification related infrastructure. Project solutions are on par with best available technologies.
The project to upgrade the dedusting system is being implemented as part of NLMK Group’s environmental programme, which aims to further minimize the Company’s environmental impact.
Another 2021 project that is underway at Stoilensky is going enable a 70% decrease in dusting at the tailings dam, an area used for storing empty rock after ore beneficiation.
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.
NLMK operates production facilities in Russia, Europe and the United States. The Company’s steel production capacity exceeds 17 million tonnes per year.
NLMK has a highly competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. The Company has investment grade credit ratings from S&P, Moody’s, Fitch, and RAEX (Expert RA).
NLMK’s ordinary shares with a 20.7% free-float are traded on the Moscow Stock Exchange (ticker «NLMK») and its global depositary shares are traded on the London Stock Exchange (ticker «NLMK:LI»). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1. For more details on NLMK shareholder capital, please follow the link.
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