The new major shareholder of Petropavlovsk – the Kazakh businessman Kenes Rakishev intends to make the company sell its 31% stake in the iron ore IRC. The company share is estimated at $65 million, while the total debt of IRC of $233.75 million is the ICBC project financing with Petropavlovsk guarantees. The money was borrowed…
Tata Power’s victory at an auction for a 25-year license for the Krutogorovsky coalfield in the Kamchatka region will become India’s biggest investment in Russia’s Far East, India’s Ambassador to Russia Pankaj Saran said. “Negotiations on the project began several years, ago and I am glad that the company has won a license to develop…
The state enterprise Vostochniy Mining and Processing Works has ordered the Trading House Eco-Service LLC the delivery of lime valued at 34.34 million UAH. This year the company will deliver 15467 tons of construction lime of the second quality with 80-89% of active CaO+MgO at 2220 UAH per ton. In December 2017 the same company…
Zaporozhye Titanium and Magnesium Works has ordered Khimvektor LLC the delivery of ilmenite valued at 88.68 million UAH. This year the company will supply 10 thousand tons of ilmenite concentrate with TiO2 contents of 57.5% at 5982 thousand UAH per ton and 5 thousand tons of concentrate with TiO2 of 55.5% at 5772 UAH per…
Energomashspetsstal is fulfilling the order to supply rolls for ArcelorMittal. According to the contract, in December 2017 the company shipped 343 tons of rolls. The rolls went to ArcelorMittal plants situated in Kazakhstan, France and Ukraine. The supporting rolls will be used in hot- and cold-rolling mills. (Ukrainian metal)
In 2017 Belarus Iron and Steel Works produced 141.8 thousand tons of hot-rolled seamless pipes, up by 170% YoY. This is the maximum output in 10 years. Pipes were shipped to 126 customers in 19 countries. The major importers of Belarus pipes are Russia, USA, Italy, Germany and Poland. (Ukrainian metal)
Pervouralsky Pipe Works was one of the first enterprises of Sverdlovsk region to confirm the correspondence of its environment management system to ISO 14001:2015. The audit has been carried out by TUV Rheinland. The certificate is valid for 3 years. Its first ISO 9001 certificate PNTZ obtained in 2002. (Ukrainian metal)
In 2017 Kapan Mining and Processing Works, a part of Polymetal, mined 527 tons of ore and processed 530 thousand tons. In Q4 2017 output totaled 140 thousand tons and processing – 141 thousand tons. Mining grew by 33% YoY, and processing by 24%. Gold contents in 1 processed ton of ore in Q4 2017…