In 2018 Yanzoloto LLC, which extracts gold in the Republic of Sakha (Yakutia), intends to obtain 250 kg of alluvial gold, up by 9% YoY. According to the company director Ivan Rebrov, in mid-term (2020-2022) Yanzoloto plans to increase annual output to 1 ton and reserves to 5 tons. In the long-term it is intended…
At the meeting of the Lviv regional council the acting CEO of the state enterprise Lvivugol Oleg Akimov voiced two main problems: the cooperation with Lviv Coal Company and the further operation of the state enterprise as one complex. “We have been able to finally reach the level when we can work with profit. But…
Karabashmed, a part of the Russia Copper Company, has assembled the last of the three new Kumera converters at its metal shop. Commissioning is scheduled for Q3. The first two converters were assembled in October 2017 under the modernization program. It will increase the company capacity to 150 thousand tons of raw copper per year,…
Toshkent Metallurgiya Zavodi (TMZ) and the Russian MetProm have signed an agreement with the Italian Danieli to supply a range of machinery to the Tashkent Iron and Steel Works, which is under construction. The works will receive a cold-rolling mill with the capacity of 500 thousand tons per year and the dip-galvanizing line and coating…
According to its program of machinery modernization Zaporozhkoks is carrying out a capital repair of the coke battery No. 5. The repair valued at 73 million UAH is expected to be completed by November. “As the result of the repair we will considerably increase the lifetime of the machine and improve its conditions. We will…
Zlatoust Electrometallurgical Works has mastered the technique to produce round rods of heat-resistant chromium-nickel-manganese steel of EP750-SH grade. The rods have the diameter of 85-160 mm. It should be noted that the first batch of EP750-SH steel rods was produced back in December 2017. (Ukrainian metal)
In January-April the throughput of Russian seaports totaled 260.1 million tons, up by 3.7% YoY. According to the Association of Sea Trade Ports of Russia, coal throughput grew by 3.4%, to 49 million tons, and ferrous metals – by 11.1%, to 10.8 million tons. (Ukrainian metal)
In April railroad sales of rolled metal by NLMK to Russian customers and abroad reached 1.08 million tons, down by 9.8% MoM, but up by 5.5% YoY. In March the results were +19.2% and +3.4%, while in February –11.4% and +2.3% respectively. In January-April the company shipped 4.4 million tons of metal, up by 4.1%…