Norlisk Nickel Fined $178M By Russian EPA

Law360, New York (February 27, 2008, 12:00 AM EST) -- Russian mining company Norilsk Nickel was fined 4.35 billion rubles ($177.9 million) for allegedly polluting rivers in Siberia, the latest large fine levied by the country's zealous and relatively new environmental agency.

After inspecting the nickel miner's west Siberian branch last summer, Russia's environmental protection agency Rosprirodnadzor said it had found significant levels of untreated substances in numerous local rivers and other water basins.

Rosprirodnadzor said the estimated environmental damage caused by Norlisk was around 2.7 billion rubles ($110.4 million). It issued a warning to the...
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