In January-August Ukraine imported 11215.24 thousand tons of coal valued at $1685.139 million, including $212.998 million in August, up by 10% and by 86.8% YoY respectively. At the same time Ukraine exported 419.522 thousand tons of coal valued at $67.83 million, including $36.449 million to Russia, $25.746 million to Slovakia, $2.566 million to Turkey and…
Tominsky Mining and Processing Works, a part of RMK, intends to start hiring employees in September. According to the company statement, the process presupposes hiring managers and specialists, as well as ordinary workers. This year TGOK will employ 60 people, bringing the total to over 100 employees. In 2018 the company will provide jobs for…
Cherepovets Iron and Steel Works intends to increase sales of metal to clients who pay special attention to surface quality. For this the company will modernize its metal treatment shop No. 2. Investments will total 1 billion rubles. In particular, the company plans to expand the existing shop premises and assemble a number of mills…
Zaporozhye Titanium and Magnesium Works has passed a certification of one of the largest Chinese consumers of titanium sponge – GoldSky. “Thus ZTMK has received the right to supply titanium sponge to GoldSky”, the company reported. The passing of certification of major world titanium buyers is a part of ZTMK sales market expansion program. “Thanks…
Mintha Holding Limited of businessman Viktor Rashnikov has sold a 3% interest in Russia’s Magnitogorsk Iron and Steel Works (MMK) on the market for about 36.7 rubles per security, a financial source reported on September 6. “The bidding book was open yesterday and the placement of the entire stake was successful. Many Russian brokers bid…
In August Ukrainian mining and metal companies received only 21% of the railroad cars they needed. “It’s still early to say about the improvement. There is still an irregularity in provision. As to the mining and metal companies, some of them get just 0-15% of the cars needed”, Ukrmetallurgprom president Alexander Kalenkov said. But since…
DTEK Energo has increased investments in development and modernization of its combined heat and power plants and mines. In January-August the group invested 3.6 billion UAH, up by 80% YoY. In particular, investments into DTEK Pavlogradugol and DTEK Dobropolyeugol totaled 2.9 billion UAH. This allowed increasing output of gas coal, which is supposed to completely…
“The agreements of Centerra and the government of Kyrgyzstan will have a good impact on the investment climate of the republic,” the head of the International Business Council Askar Sydykov said, commenting on the Cabinet’s statements on the agreement reached. “A detailed assessment of the agreements can be given when all of their details will…