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25.05.2017

Vladimir Putin awards Order of Friendship to Igor Altushkin

Chairman of the board of directors of Russian Copper Company Igor Altushkin has received the state award from the President of Russia.




The award ceremony took place on May 24, 2017, at the Kremlin. In the course of the event, orders and titles of honor were granted to nearly 30 outstanding scientists, industrialists, cultural figures, healthcare workers and athletes. President of the Russian Federation Vladimir Putin awarded the Order of Friendship to chairman of the board of directors of Russian Copper Company Igor Altushkin.

Addressing the guests at the ceremony, the Russian leader emphasized that presentation of state awards is an act of high recognition of Russian citizens' achievements.

“You have achieved great results in various areas, including economy, social issues, science, culture and state construction, and they are very important for the country. Your labor records, military accomplishments and creative triumphs directly influence our country's successful development and will serve our society for many years and decades,” said Vladimir Putin. “People of your mentality keenly feel the spirit of the times and are often ahead of the times in inspiring other people. This is the way everything new and advanced gets a start in life and how the fame of pioneers is earned.”

Founder of Russian Copper Company Igor Altushkin continues the traditions of Russian industrialists and sponsors. He has devoted more than 20 years to the development of the Russian metal industry. Under his direct governance, the RCC Group has become one of the three leading copper producers in Russia. Today, the holding includes 13 mining and metallurgical enterprises in four regions of Russia and in the Republic of Kazakhstan. Russian Copper Company provides stable employment for over 8,300 workers, ensuring their confidence in the future.

Thanks to Igor Altushkin, we have seen the revival of Karabashmed, one of the oldest metallurgical enterprises in the Urals and in Russia (formerly – Karabash Copper Smelting Plant, Chelyabinsk Region). On his initiative, the plant is undergoing large-scale modernization. Nearly 18 billion rubles have already been invested in the technical upgrade and environmental safety improvement. In addition, Karabash is developing, and Igor Altushkin is actively participating in that process. Implementation of the program for the municipality's strategic development will enhance the population's quality of life and make the town more comfortable. The agreements between the management of Russian Copper Company and Governor of the Chelyabinsk Region Boris Dubrovsky on the fulfillment of the concept were formalized in February 2017 during the Russian Investment Forum in Sochi.

Mr. Altushkin is not only reviving and upgrading historical enterprises, but also implementing major greenfield projects both in Russia and the Republic of Kazakhstan. In 2014, RCC built the Mikheevsky Ore Mining and Processing Plant in the Chelyabinsk Region on Igor Altushkin's initiative. It is the largest one built in the post-Soviet era and the most technology-intensive ore mining and processing plant in the industry. Estimated investments by RCC in 2004–2016 in the development of operating copper mining and production enterprises and the launch of new ones in Russia total 80 billion rubles. In addition, the company has invested about US$756 million in its assets in Kazakhstan.

The modernization of the operating enterprises and the implementation of the best technologies available in the mining and metallurgical industries enable RCC to ensure the environmental safety of the production, thus mitigating the environmental impact in the regions of its presence. Over the last five years, the Group has invested nearly 8 billion rubles in environmental measures at its enterprises. As a result, the enterprises' emissions into the atmosphere were reduced almost to half and discharge into water bodies decreased by 30% in recent years. The work done by the company was highly commended by the World Wildlife Fund. According to the Environmental Responsibility Rating of Russia's mining companies prepared by the WWF based on 2016 results, RCC was ranked sixth among 33 entities by the lowest environmental impact and fourteenth by environmental responsibility.

The development of the Russian production sector, growth of social and economic welfare in the regions of RCC's operations and active charity work are Igor Altushkin's priorities both in business and in life. They were duly appreciated by President of the Russian Federation Vladimir Putin.



For reference
The Order of Friendship is awarded to citizens of Russia and foreign states for outstanding achievements in consolidation of peace, friendship, cooperation and mutual understanding among peoples, for contribution to the preservation, growth and promotion of Russia's cultural and historical heritage, for working success in the production sector, as well as for large-scale charity activities.

Background
Igor Altushkin was born in 1970 in Yekaterinburg. He graduated from the Ural Institute of Business. In 1992, he founded the Aeron company, which specialized in non-ferrous metal scrap collection and reprocessing. By 1994, he had established a group of companies that provided for nearly 60% of the demand for recycled materials by the region’s non-ferrous metal enterprises. In 1995, Igor Altushkin participated in the establishment of the Ural Mining Metallurgical Company. He became its shareholder and was in charge of the development of the holding. In 2003, he launched his own business. He established Russian Copper Company in 2004.

Today, RCC includes 13 enterprises in four regions of Russia and Kazakhstan: they extract ore and manufacture end products – copper cathodes and wire rod. In 2004-2016, RCC invested 80 billion rubles in the development of operating copper mining and production enterprises and the launch of new ones in Russia. In addition, the company has invested about US$756 million in its assets in Kazakhstan.

Igor Altushkin is actively engaged in social work. He chairs the Committee for Natural Resource Management and Environment Protection of the Sverdlovsk Regional Union of Industrialists and Entrepreneurs; he is a member of the board of trustees at the Gorny National Mineral Resources University (formerly the Saint Petersburg State Mining University) and the board of trustees at the Glinka Opera and Ballet Theater in Chelyabinsk. Mr. Altushkin established the RCC Charitable Foundation, whose principal activity is assistance to economically disadvantaged children, orphans and seriously ill children.

Photo from official website of the President of Russia.


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