Nornickel’s new methodology for calculating its carbon footprint is based on the from-cradle-to-gate principle.

Its subsidiary Ivanplats closed a $200 million gold and a $100 million palladium and platinum streaming facilities for Platreef.

A report by SRK Consulting states that following the COP26, consumers and their host countries will be looking to the mining sector for a considerable portion of their carbon savings.