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Store Norske Spitsbergen Kulkompani

Store Norske Spitsbergen Kulkompani AS
Company typeState owned
IndustryMining
PredecessorArctic Coal Company
Founded1916
Headquarters
Longyearbyen
,
Svalbard, Norway
Key people
Per Andersson (CEO)
ProductsBituminous coal
RevenueIncrease NOK 1,200 million
Increase NOK 350 million (2009)
OwnerNorwegian Ministry of Trade and Industry
Number of employees
340 (2010)
Websitewww.snsk.no
The headquarters in central Longyearbyen

Store Norske Spitsbergen Kulkompani (SNSK), or simply Store Norske, is a Norwegian coal mining company based on the Svalbard archipelago. It was formed in 1916, after a Norwegian purchase of the American Arctic Coal Company (ACC).

The company has 360 employees and operated two coal mines. The larger one was located in the Sveagruva settlement, about 60 km south of Longyearbyen. The Svea Nord longwall mine has an annual output of 2 million tonnes of bituminous coal. A third of it is sold for metallurgical purposes. The managing director of Store Norske Spitsbergen Kulkompani was Per Andersson. The Sveagruva mine closed in 2017.

The Store Norske Spitsbergen Kulkompani has a shipping port at Cape Amsterdam, 15 km from Sveagruva.[1]

In 2021, the Store Norske Spitsbergen Kulkompani was ranked no. 81 in the Arctic Environmental Responsibility Index (AERI) that covers 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle.[2]

  1. ^ Kjersti Sjursen Lien (2011-03-23). Kullbrann slokket på Svalbard "Kullbrann slokket på Svalbard" (in Norwegian Bokmål). NRK. Retrieved 2015-05-28. {{cite web}}: Check |url= value (help)
  2. ^ Overland, I., Bourmistrov, A., Dale, B., Irlbacher‐Fox, S., Juraev, J., Podgaiskii, E., Stammler, F., Tsani, S., Vakulchuk, R. and Wilson, E.C. 2021. The Arctic Environmental Responsibility Index: A method to rank heterogenous extractive industry companies for governance purposes. Business Strategy and the Environment. 30, 1623–1643. https://onlinelibrary.wiley.com/doi/10.1002/bse.2698

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