NLMK Group to reduce dusting at Stoilensky tailings dam by 70%
Stoilensky Mining and Beneficiation Plant, an NLMK Group company, is currently implementing a project that will enable a dramatic reduction in dust formation at the tailings dam dry beaches, where empty rock is stored after ore beneficiation. The new dust suppression system includes an adaptive water sprinkling infrastructure and an innovative reagent treatment technology that suppresses dust formation even in windy weather.
The dust suppression system consists of a network of pipes and pumps for sprinkling water within a radius of 100 metres. As the tailings dam gets filled, the system can be quickly dismantled and assembled in another area. The beach sections that are removed from the sprinkler system get treated with a reagent, an organic glue that sticks the empty rock particles together. As a result, a thick crust forms on the surface and suppresses dust in windy weather.
In 2021, more than six kilometres of sprinkler systems will be launched and over 100 hectares of the tailings dam will be treated with the reagent. Investment in the project will total RUB 150 million.
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.
NLMK operates production facilities in Russia, Europe and the United States. The Company’s steel production capacity exceeds 17 million tonnes per year.
NLMK has a highly competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 12M 2019, the Company generated $10.6 bn in revenue and $2.6 bn in EBITDA. Net debt/EBITDA stood at 0.7х. The Company has investment grade credit ratings from S&P, Moody’s, Fitch, and Expert RA.
NLMK’s ordinary shares with a 20.7% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1.
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