MMK completes large-scale water protection project
MMK’s Management Board members and independent directors took part in a ceremony to celebrate the launch of the system. During the launch, the gate of the culvert device was closed and as a result, the flow of MMK waste water into the Magnitogorsk reservoir was stopped.
The reconstruction of the water recycling system with the expansion of the coolant reservoir is one of MMK's most important initiatives in the field of surface water protection in the Magnitogorsk reservoir and the Ural river. It will reduce the volume of discharged water by 11 times, and the mass of pollutant discharge by 7 times. Thus, MMK can achieve the maximum level of protection of the Magnitogorsk reservoir from the impact of wastewater. The project cost a total of around 645 million rubles and provides, among other things, an increase in the supply volume of circulating water due to the transfer of TPP and Oxygen Station No.4 to the circulating water supply through the water area of the cooling tank.
The construction of a separation dam and culverts in the water area of the Magnitogorsk reservoir between the Cossack crossing and the Southern crossing has become a key element of the reconstruction of the water recycling system. The project also provides for the landscaping of the dam and the gradual stocking of the reservoir for four years, which will contribute to the restoration of the ecological balance of the reservoir. The first stage of stocking in Magnitogorsk reservoir was the release of a batch of more than 200,000 pieces of young carp.
Protection of water bodies is traditionally one of the priority areas of environmental investments in Magnitogorsk. In the period from 2007 to 2017, almost 7 billion rubles were allocated for the relevant activities, which allowed a reduction of discharges into water bodies by 77,000 tonnes per year. The Company's volume of water protection investments until 2025 is planned to be around 5.5 billion rubles. The result will be the complete elimination of anthropogenic impact of the plant on the Magnitogorsk reservoir and the reduction of discharges of pollutants into the Ural river the Sukhaya river by almost 3 times.
About MMK
MMK is one of the world's largest steel producers and a leading Russian metals company. The company's operations in Russia include a large steel-producing complex encompassing the entire production chain, from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of high-value-added products. In 2017, the company produced 12.9 million tonnes of crude steel and 11.6 million tonnes of commercial steel products. MMK Group had sales in 2017 of USD 7,546 million and EBITDA of USD 2,032 million.
Investor contacts:
Andrey Serov
tel.: +7 (3519) 24-52-97
E-mail: serov.ae@mmk.ru
Media contacts:
Dmitry Kuchumov
tel.: +7 (499) 238-26-13
E-mail: kuchumov.do@mmk.ru
Dmitry Bulin
tel.: +7 (499) 238-26-13
E-mail: bulin.dn@mmk.ru