The Industrial-Metallurgical Holding has put into operation two new mines in Kemerovo region: the second stage of Butovskaya mine and the mine named after Tikhov. Investments into construction of Tikhov mine totaled 12,5 billion rubles. The project capacity of the first stage is 1.8 million tons. This year 1 million tons of coking coal will…
PJSC Magnitogorsk Iron and Steel Works has completed the reconstruction of gas-purifying plants at the mill’s electric-furnace melting shop with CAPEX of more than RUB 1.3 billion. The gas purifying plants are now almost 100% efficient. Over the course of the project, two old wet gas-purification systems, No. 32 and No. 33, were replaced with…
In September the Cabinet of Ministers will spend 100 million UAH on individual protection means for the miners. According to the Prime Minister Vladimir Groysman, there are already funds for the project, and in September 100 million UAH more will be added. In May the Cabinet created the concept of reforming and developing the coal…
The Yekaterinburg Customs has for the first time registered 1 kg of gold delivered from Guinea at the order of Yekaterinburg Non-Ferrous Metals Processing Works. The ingot is valued at $39 thousand. Not all African countries mining for gold have facilities to process it. This is a trial batch. At present the ingot is being…
PJSC Magnitogorsk Iron and Steel Works has completed the construction of aspiration systems for casting beds at blast furnaces No. 9 and No. 10. The project with CAPEX of over RUB 1 billion allows dust emissions to be almost completely disposed of, decreasing the emissions 50-fold. The aspiration system for casting beds at blast furnace…
In Q2 the demand for the Copper Pipe Works products increased by 25% YoY. So far the company has orders up until October. The company products are in demand not only in Russia, but abroad as well. (Ukrainian metal)
The ministry of economic development of Chelyabinsk region and MMK-Metiz have concluded an agreement on the “Modernization of metal wares manufacture” project aimed at producing 39 billion rubles worth of wares by 2025. Under the contract MMK-Metiz will invest not less that 2.9 billion rubles into the project, produce and sell at least 39 billion…
In January-June Ukraine mined 18.435 million tons of coal, down by 2.9% YoY, or by 556.8 thousand tons. According to the Ministry of energy and coal industry, coking coal output dropped by 24.7%, or by 1.11 million tons, to 3.387 million tons, while that of power-generating coal increased by 3.8%, or by 555.4 thousand tons,…