In 2017 the Russkiy Ugol Company mined 14.1 million tons of power-generating coal, up by 4% YoY. Krasnoyarsk region pits provided 6.5 million tons of coal, Republic of Khakasia – 4.2 million tons, and Amur region – 3.4 million tons. Pereyaslavsky pit in Krasnoyarsk region increased output by 8% YoY, to 5.6 million tons, while…
In 2017 Russian Railroads purchased 1 million 56.3 thousand tons of rails. In particular, Evraz sold 719.8 thousand tons and Mechel – 329 thousand tons. Some 7.5 thousand tons were purchased from Aktyubinsk Rail and Beam Works (Kazakhstan). RZhD uses rails both for new construction and for repair. In 2016 RZhD purchased 947.7 thousand tons…
Beloretsk Iron and Steel Works and the government of the Bashkortostan Republic have concluded an investment agreement on tax preferences for the development of the investment project on the manufacture of multi-thread steel ropes at BMK. The preferences will be provided from 2019 till 2021. And the volume of funds freed from taxes is over…
Tulachermet-Steel has commenced the commissioning works at the 9501 rolling mill. The assembly of the equipment started in August 2017. At present the assembly is 97% complete. The construction of the integrated foundry-rolling complex using the converter technology began in 2013. The first stage presupposes the manufacture of 1.7 million tons of sections and bars…
Residents of Oruktu village oppose development of Solomo gold deposit. According to them, in 2015 the company KGM Ltd. received a license to develop the field. At the same time, it pledged to pay 300,000 soms a month as a social package. However, the payments ceased after eight months. As of today, the company owes…
