NN Press Release on a Saturday20 Feb 2021 15:09
Hi All did anyone else receive this , anything to see here for EUA bearing in mind NN could be one of the potential bidders or JV partners?
NORNICKEL, THE GOVERNMENT OF THE RUSSIAN FEDERATION, KRASNOYARSK TERRITORY AND NORILSK CITY SIGNED A PACKAGE OF DOCUMENTS ON THE SOCIAL AND ECONOMIC DEVELOPMENT OF NORILSK
Moscow, February 20, 2021 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that the government of the Russian Federation, the Krasnoyarsk Territory, Norilsk city and Nornickel have today signed a set of agreements to promote the social and economic development of Norilsk.
The documents were signed by Alexei Chekunkov, Minister for the Development of the Russian Far East and Arctic; Alexander Uss, Governor of the Krasnoyarsk Territory, Dmitry Karasev Mayor of Norilsk and Vladimir Potanin, President of Nornickel.
Yuri Trutnev, Deputy Prime Minister and Presidential Envoy to the Far Eastern Federal District, was also present during the signing ceremony.
The first document is a four-party partnership agreement, which outlines the combined work of the parties until 2024 and further potential collaboration until 2035. The document details key projects for the development of Norilsk. The federal centre, the region, the city and Nornickel will jointly work on the following projects:
- housing renovation, modernisation and an overhaul of the city's municipal assets and engineering infrastructure;
- construction, repair, reconstruction and development of social infrastructure facilities, to create a comfortable and safe urban environment;
- resettlement of residents in Norilsk and Dudinka living in buildings requiring renovation to areas with more favourable living conditions.
The document details the amount of joint financing for the period up to 2024, and for the further potential partnership until 2035, allocated to the development of Norilsk. The funding is expected to be considered for inclusion in the Comprehensive Plan for Social and Economic Development of Norilsk until 2035. The estimated amount of the joint financing amounts to 120.1 billion roubles, including 24 billion roubles allocated from the federal budget, 14.8 billion roubles from the consolidated budget of the Krasnoyarsk Territory, and 81.3 billion roubles from Nornickel.
The second document signed today sets out a joint proposal for the Comprehensive Plan of Social and Economic Development of Norilsk until 2035.
"The agreement is vital for the entire Norilsk. Work has to be done to put the city's infrastructure in order, to improve people's living conditions. We consider the signed agreement to be a starting point. "
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