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Boliden: Production Disturbances in Aitik and Tara

As a result of increased sick leave related to covid-19 together with production disruptions in both the Aitik mine in Sweden and the Tara mine in Ireland, operating profit in the Business Area Mines is estimated to be negatively affected by close to SEK 200 m during the first quarter.

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Boliden´s Mineral Resources and Mineral Reserves 2020

The Mineral Resources and Mineral Reserves situation in Aitik, Garpenberg and Kevitsa is stable. During the year, exploration continued to be successful at the Tara Deep mineralization and Mineral Resources in the Boliden Area increased as a result of exploration at the Rävliden deposit.

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Norilsk Nickel Joins Responsible Sourcing Blockchain Network

Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that it isjoining the Responsible Sourcing Blockchain Network (RSBN), an industry collaboration among members across the minerals supply chain using blockchain technology to support responsible sourcing and production practices from mine to market.

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Green Light for fossil-free Steel in Oxelösund

The Land and Environment Court has decided to grant SSAB Oxelösund an environmental permit to convert its steelmaking operations and reduce carbon dioxide activities by 2025. This also means that we will take a step nearer towards fossil-free steel production across SSAB in 2045.

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Nornickel Proceeds With Automation and Modernization of Equipment in the Russian Far North

MMC Norilsk Nickel, headed by Vladimir Potanin, is pursuing its ambitious programme aimed at the modernization and automation of production facilities. As part of that plan, the Company’s Polar Division has received a new batch of equipment to improve the efficiency of operations, and autonomous vehicle devices have reached the second stage of testing at the Severny mine at Kola MMC. 

Under the equipment renovation programme, the enterprises of the Polar Division received 25 units of mobile equipment for various purposes in 2020. The total value of the equipment delivered amounts to around $8mln (RUR 600mln). One of the main points of the programme was the purchase of new equipment for the local motor transport association.

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Pekka Vauramo to continue as President and CEO of Metso Outotec until the end of 2023

Pekka Vauramo will continue as the President and CEO of Metso Outotec until the end of 2023. “This is a unique opportunity to lead the integration of the two great companies into Metso Outotec and to develop Metso Outotec to become an industry leader. We are in the beginning of our integration journey and Metso Outotec has a lot of potential to increase the effectiveness of its operations and to serve its customers even better and in a more sustainable way,” says Pekka Vauramo. 

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Epiroc wins large Mining Equipment Order in Russia

Epiroc has won a significant order from Norilsk Nickel for underground mining equipment that will strengthen safety while ensuring a highly efficient mine development.

Norilsk Nickel is one of the world’s largest producers of nickel, palladium, platinum and copper and has a high focus on automation and new technologies. The mining company has ordered Epiroc’s Boltec M and Cabletec M rigs for use in the Oktyabrskiy, Mayak and Komsomolskiy mines in Russia to reinforce the underground rock in the safest and most productive manner.

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Turquoise Hill announces financial Results and Review of Operations for the second Quarter of 2020

Turquoise Hill Resources Ltd. today announced its financial results for the period ended June 30, 2020.

“Faced with the challenges of operating within the constraints posed by the COVID-19 pandemic, the Oyu Tolgoi team posted outstanding safety and production performance in the second quarter of 2020. The open pit operations have continued uninterrupted, and the underground development, while experiencing restrictions on workforce numbers and the ability to repatriate specialists from around the world, has continued to progress. The team’s focus on optimization initiatives has resulted in, among other things, an increase to our 2020 gold production guidance.

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Outokumpu: Management changes

Maciej Gwozdz, President, business area Europe has decided to resign from Outokumpu to take a new position in another company. He will continue to work in Outokumpu in his current position until the end of September. His successor will be appointed in due course.

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