Russian gold producer Polyus has asked the government for support in construction of a bridge across the Yenisei River, Vice President Sergei Zhuravlyov said. The bulk of gold reserves of the region is located on the right bank of the river, where reserves of antimony, zinc, lead, and magnesite are also located. Their production is…
The state enterprise Vostochniy Mining and Processing Works has applied to the Commercial Court of Kiev asking to unblock the payment of $1.98 million for the delivery of the uranium concentrate to Steuermann Investitions und Handelsgeselschaft GbmH. According to the court materials, Ukrgazbank, where VostGOK has some accounts, refuses to transfer $1.98 million to Steuermann.…
In January-March Ukraine mined 8.359 million tons of coal, up by 19.3% YoY. According to the Ministry of energy and coal industry, coking coal output dropped by 9.9%, to 1.614 million tons, and that of power-generating coal – by 21.3%, to 6.744 million tons. In March coal mining grew by 1.3%, to 3.024 million tons.…
The pilot project “Package Tour for Leave” was launched in the beginning of the year. At this moment, over 360 employees have applied for it and chosen trip vouchers via travel agencies. The price of such a voucher is partly compensated by the company, and the compensation depends on the fact how often does an…
In March Ukraine increased iron ore raw materials exports by 4% MoM, to 2.8 million tons. According to Ukrmetallurgprom, in Q1 exports dropped by 13% YoY, to 8.6 million tons. Iron ore raw materials delivery to metal companies grew by 10% MoM, to 2.75 million tons in March, and in Q1 – by 23% YoY,…
In March metal companies received 860 thousand tons of coke, up by 11% MoM. According to Ukrmetallurgprom, Ukrainian coke accounted for 785 thousand tons, up by 12% MoM, while imports – 75 thousand tons, flat MoM. In Q1 metal companies received 2.55 million tons of coke, up by 8% YoY, including 2.31 million tons of…
In March scrap procurers obtained 284 thousand tons of scrap, up by 2% MoM. According to Ukrmetallurgprom, of this Ukrainian metal companies received 230 thousand tons, up by 2% MoM, and 54 thousand tons were exported, up by 2%. The scrap need was only 82% covered as opposed to 93% in February. In Q1 scrap…
In May Ukraine intends to produce some 1.8 million tons of pig iron, 1.8 million tons of steel and 1.6 million tons of rolled metal. According to Ukrmetallurgprom, as of April 10, 19 out of 21 blast furnaces, 7 out of 9 open-hearth furnaces, 12 out of 16 converters, 7 out of 15 arc furnaces…