MINING AND METALLURGICAL COMPANY NORILSK NICKEL Moscow, March 1, 2021 - NornickelPublic Joint Stock Company 'Mining and Metallurgical Company 'Norilsk Nickel' and its subsidiariesGo to the glossary, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that in order to improve the management model and further develop the divisional structure, the company terminates the position of First Vice President - Operations Director.
Sergey Dyachenko, First Vice President, Chief Operating Officer, is leaving the company.
Three divisions will handle operational management separately - the Norilsk, Kola and Trans-Baikal divisions, which include the group's enterprises performing production (mining, metallurgical) and support functions (energy support enterprises, service and repair companies, etc.).
The changes in the governance structure will be an important addition to the previous steps to increase the level of responsibility of the local managers, improve operational and investment efficiency, and strengthen the discipline of industrial safety and environmental risk management.
ABOUT THE COMPANY
MMCMining and Metallurgical CompanyGo to the glossaryNorilsk Nickel is a diversified mining and metallurgical company, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper. The company also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, sulphur and other products.
The production units of Norilsk Nickel GroupPublic Joint Stock Company 'Mining and Metallurgical Company 'Norilsk Nickel' and its subsidiariesGo to the glossaryare located at the Norilsk Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia as well as in Finland and South Africa.
MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges, ADRAmerican Depositary Receipt; a security representing partial ownership in deposited securities of a foreign company certified by receipts issued by a US depositary bankGo to the glossarys are traded over the counter in the US and on the London, Berlin and Frankfurt Stock Exchanges.
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OJSC MMC Norilsk Nickel published this content on 01 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2021 12:33:02 UTC.
