NLMK Group hereby communicates that Federal Law N 319-FZ ‘On Amendments to Certain Legislative Acts of the Russian Federation’ took effect on 14 July 2022 (‘the Law’). The Law establishes two new mechanisms to convert depository receipts into ordinary shares that are applicable to depository receipts issued by PJSC NLMK, among others: automatic conversion and mandatory conversion.
NLMK Lipetsk is implementing a project to support agriculture. Construction of dairy farming facilities carried out by the Company is nearing completion in the Tver, Kaluga, and Altai regions. The farms will boost the supply of organic milk by 180,000 tonnes per year.
NLMK Group, a global steel company, has implemented a new real-time system for air quality monitoring at NLMK Lipetsk and Stoilensky. The new equipment collects data for a more granular and reliable tracking of the sites’ environmental impact.
NLMK Lipetsk has commenced hot testing of new environmental protection equipment at its steelmaking operations. The new unit for gas dedusting with a capacity of 600,000 m3 per hour, will enable a five-fold reduction in dust emissions at the Mixer Section of BOF Shop No. 1.
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