In 2015 the state enterprise Vostochniy Mining and Processing Works increased uranium concentrate output by 5.8% YoY, or by 54 tons, to 980 tons, in 2016 – by 2.6%, to 1005.1 tons. The Ministry of energy and coal industry expects that in 2017 VostGOK will increase concentrate output by 21.5% YoY, or by 215.9 tons,…
In 2016 the state enterprise Vostochniy Mining and Processing Works increased its net profits 37.2-fold YoY, or by 480.617 million UAH, to 493.891 million UAH. According to the Ministry of energy and coal industry, the company net income in 2016 dropped by 5.8%, or by 164.107 million UAH, to 2680.422 million UAH, while its bulk…
In the first quarter of 2017 Ukraine decreased carbon steel output by 7.9% YoY, to 5.596 million tons. This is the minimal level since March 2015. Pig iron manufacture dropped by 13.6% YoY, to 5.054 million tons, that of rolled metal – by 8.1%, to 4.909 million tons. Metallurgical coke output decreased by 21.4%, to…
Russian Copper Company (RCC) intends to invest 670 million rubles to boost production at its Kyshtym copper and electrolytic facility, the company said in a statement on April 3. A project to upgrade the copper electrolysis unit will be finished in January 2018 and will need 380 million rubles of investment while 288 million rubles…
Ukraine seeks to import 2.5-3 million tons of anthracite from the United States, Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said. “We have received information that we can supply around 2.5-3 million tons of coal from the United States. I as minister has sent a letter to the U.S. Department of State asking…