NN Copper Plant Murmansk19 Jul 2021 14:13
I am sure this is old news but reported again today but like the 'company had made those decisions due to the favorable investment climate in the Murmansk Region'
MURMANSK, July 19. /TASS/. The Norilsk Nickel Company (Nornickel) will invest in construction of a copper plant in the Murmansk Region’s Monchegorsk 106 billion rubles ($1.43 billion), the regional information policy authority told TASS
The project, dubbed Big Copper, which is due to begin in 2022, is a new copper facility, which will be built to replace the outdated shop, closed in Monchegorsk in spring, 2021. According to the company, the new plant will produce twice more copper.
In addition to the plant, the company will build in Monchegorsk a Feinstein separation facility, where investments are more than 33 billion rubles ($446 million). Kola MMC’s CEO stressed the company had made those decisions due to the favorable investment climate in the Murmansk Region.
https://tass.com/economy/1315319
GLA