Armet LLC, a part of Anglo Russian Gold Ltd., will construct a mine with the capacity of 1.5 tons of gold per year at the Archiyskoye deposits. Investments into the construction of the mine with the ore processing capacity of 1.05 million tons will total 4.222 billion rubles. The public hearings of the project are…
The pipe works ArcelorMittal Tubular Products Aktau will create a new shop to produce steel pipes with corrosion-resistant insulation. The company will produce 24-meter pipe sections, which will decrease the welding volume and improve its quality, as the welding will be done at the plant. The project will also increase the Kazakhstani share – 80%…
In January-June KAZ Minerals produced 118 thousand tons of copper, more than doubling the previous results (56 thousand tons). In Q2 the group produced 66 thousand tons of copper, with 52 thousand tons produced in Q1. In H1 the group mined 34.4 million tons of ore, up by 56% YoY. Ore processing increased 3.8-fold, and…
Kyshtym Electrolytic Copper Plant has started making the foundation for 2 additional series of electrolysis baths. The assembly of the first equipment should end by 2018. Two new batches of baths (40 baths each) will be assembled under the investment project to increase the copper cathode output. In 2017-2018 KMEZ intends to equip the copper…
On July 27 Dneprovsky Iron and Steel Combine resumed steel smelting in its converter shop. The first smelting was carried out at the continuous casting machine. The blast furnace shop is expecting concentrate and sinter ore delivery. The blast furnace No. 9 is being blown. (Ukrainian metal)