Severstal

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Severstal is one of Russia’s largest producers of iron ore and coking coal. The company has two iron ore mining complexes, Karelsky Okatysh and Olcon, a coking coal complex Vorkutaugol, a mine design institute SPb-Giproshakht in Russia, a coking coal complex PBS Coals in the US, and a number of greenfield projects outside of Russia.[1]

According to the Carbon Tracker report, "Unburnable Carbon - Are the world's financial markets carrying a carbon bubble?", Severstal has more estimated carbon reserves than any other company on the globe, estimated at 141.6 Gt of CO2.[2]

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