MMC Norilsk Nickel (MNOD)
25 March 2020
Public Joint Stock Company "Mining and Metallurgical Company "NORILSK NICKEL" (PJSC "MMC "Norilsk Nickel", "Nornickel" or the "Company")
NORNICKEL ANNOUNCES MEASURES TO PROTECT EMPLOYEES AND PARTNERS DURING COVID-19 PANDEMIC
Moscow - PJSC MMC Norilsk Nickel the world's largest of palladium and high-grade nickel and a major producer of platinum and copper, has announced measures to counter the challenges of COVID-19 pandemic amongst its personnel and partners.
Despite Nornickel's operations are functioning in the ordinary and usual course, the continued health and safety of our personnel remains our absolute priority. In order to both protect the well-being of the Company's employees and to ensure the continuity of business processes during the spread of the novel coronavirus, Nornickel has established an emergency response team (ERT) consisting of heads of business units and chaired by the First Vice-President for corporate security Sergey Barbashev.
The ERT is responsible for ensuring that production, procurement, sales and marketing activities proceed as usual and that necessary measures are undertaken to protect health of the employees. The ERT has a mandate to develop and implement plans to achieve the aforementioned goals and to guarantee that measures are enforced unconditionally throughout the Company. Similar regional ERTs have also been established at major operation sites.
"Our number one value is the life and health of all employees and providing them with favourable and safe working conditions is our key priority. We are closely monitoring the situation with coronavirus and are ready to fully cooperate with federal and regional authorities to deliver maximum efficiency on measures taken to deal with pandemic," said Sergey Barbashev.
Nornickel has undertaken the following priority measures that aimed at protecting the health of all employees and mitigating the scale of virus spread in Moscow and other regions of Russia:
ABOUT THE COMPANY
PJSC «MMC «NORILSK NICKEL» is a diversified mining and metallurgical company, the world's largest producer of palladium and high-grade metal 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» Group are located at the Norilsk Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia as well as in Finland and South Africa.
PJSC «MMC «NORILSK NICKEL» shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges. PJSC «MMC «NORILSK NICKEL» ADRs are traded over the counter in the US and on the London, Berlin and Frankfurt Stock Exchanges.
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