DTEK Mine Group named after Space Heroes is preparing to overcome the largest geological break in continuity in Western Donbass – the Bogdanovskoye Fracture, which will open access to a large coal deposit. The Bogdanovskoye Fracture divides excavations of the Space Heroes and Blagodatnaya mines. The total length of the fracture is 35 km. (Ukrainian…
Uralelectromed has purchased the fifth Ferrit diesel locomotive (the Czech Republic) valued at 14 million rubles. The machine will be used to transport cargo between the main industrial shops. “Four similar machines have been in use at our enterprise for the past two years and have proven their efficiency. With the delivery of the fifth…
TMK has started manufacturing insulated tubings of the 89-48 mm size with triangular section thread connection according to GOST 633. The first batch of 5.2 thousand meters of tubings produced by Sinarsky Pipe Works has been shipped to Udmurtneft. The tubings were made to order. “We continue increasing the range of insulated tubing sizes. This…
In January-October the Pavlik Company obtained 5 tons of gold at the Pavlik gold-bearing deposits. Until the end of the year the company intends to obtain 1.1-1.15 tons of gold more. Thus, the total result for 2017 will be 6.1 tons of the precious metal. Last year Pavlik obtained 3.95 tons. The gold-extracting factory at…
The Kyshtym Copper Electrolytic Plant (Kyshtym, Chelyabinsk region, a subsidiary of the Russian Copper Company) has released its production results for the first 9 months of 2017. During that time, the plant produced over 97,128 tons of cathodes, up by 8.6% YoY. Copper rod production increased by 6.1%, to 72,784 tons, silver by 2.3% and…
Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announces that it will be hosting its annual Capital Markets Day in London on November 2. Severstal’s Chairman, Alexei Mordashov, will open the event via video address. Alexander Shevelev (CEO), Alexei Kulichenko (CFO), Dmitry Goroshkov (Marketing Director), Sakari Tamminen (Senior Independent Director)…
The Eurasian Economic Commission (EEC), an executive body of the Eurasian Economic Union (EAEU), has suspended a decision in an abuse of market dominance case of Russian steelmaker Novolipetsk Steel (NLMK) on request of Russian Prime Minister Dmitry Medvedev, the commission said in a statement. In September, the commission imposed a fine for violation of…
In August, according to the customs statistics, Russia imported 29.1 thousand tons of corrosion-resistant rolled metal valued at $50 million, up by 15.7% and by 7.6% MoM and by 41.7% and by 48.2% YoY respectively. In July imports increased by 6.8% MoM in volume and by 12.7% in cost. In January-August Russia imported 190 thousand…
