Ukraine: Ceramet EBITDA up in H1 2016

In January-June Ceramet increased its EBITDA by 4.32% YoY, or by 3.73 million UAH, to 90.06 million UAH. According to the company statement, its EBIT went up by 11% YoY, to 83062 thousand tons. The group paid over 11 million UAH of taxes, including 4.3 million UAH of income tax and 2.76 million UAH of…

Russia: thickeners underflow heating unit assembled at Norilsk Concentrator

Automated Warman pumping station equipped with thickeners underflow heating unit was installed at Norilsk Concentrator. After closure of agglomeration shop of Nickel Plant one of its sections was additionally equipped with automated Warman pumping unit and thickeners underflow heating unit. Later, the section became a part of Norilsk Concentrator, which is a structural division of…

Russia: new vertical mills under commissioning at Talnakh Concentrator

Three new fine-grinding vertical mills Vertimill VTM3000 manufactured by Metso Minerals are under commissioning at Talnakh Concentrator, Polar Division of Nornickel as a part of introduction of new technology for high-grade and cupriferous ores enrichment. The equipment is unique for both Polar Division of the company and Russian operations. VTM3000 will be the first application…

Ukraine: AMKR replaces financial director

ArcelorMittal Kriviy Rih has dismissed Ashokkumar Sitaram Sonthalia from the office of the financial director, chief accountant and appointed Pavel Zadorozhny acting FD instead. According to the company statement, Sontalia resigned. He has been in the office since June 2012. He owns no company shares. Zadorozhny has been appointed for an indefinite time and he…