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…