IAS Gyan

Daily News Analysis

Mining giant told to pay $2 bn for Arctic spill

9th July, 2020 Environment


- 21,000 tonnes of diesel fuel had spilled from a reservoir that collapsed in May outside the Arctic city of Norilsk, polluting huge stretches of river in remote tundra with bright red patches visible from space.

- This led to imposition of national level state of emergency.


- Russia’s state environmental watchdog that metals giant Norilsk Nickel should pay an unprecedented $2 billion in damages over a huge Arctic fuel spill.

- It has estimated the damage to Arctic subsoil and water resources at 147.8 billion rubles ($2.05 billion).

- The company is the world’s largest producer of nickel and palladium.

Reference: https://www.thehindu.com/news/international/mining-giant-told-to-pay-2-bn-for-arctic-spill/article32016034.ece