The Ukrainian Metal

Russia: ChelZinc 2016 results

In 2016 the total earnings of Chelyabinsk Zinc Works increased by 26% YoY, to 30347 million rubles.

The main driver for the growth was the zinc price rise at LME – by 9% YoY, to $2095 per ton.

The company net profits totaled 4016 million rubles as opposed to 3750 million rubles in 2015.

EBITDA reached 6964 million rubles, or 23% of the earnings. (Ukrainian metal)

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