Since the start of the year and as of February 18, the largest coal miner in Sakhalin – Solntsevsky Coal Pit LLC has extracted 900 thousand tons of coal. The enterprise is operating at the Solntsevskoye deposit. Extraction is carried out at two sites – Yuzhniy-1 and Yuzhniy-2. This year the company intends to mine…
In 2018 Russian Copper Company increased copper cathode output by 6% YoY, to 216 thousand tons. According to the group president Vsevolod Levin, Mikheyevsky Mining and Processing Works was able to increase copper extraction to 92%. Karabashmed increased raw copper output by 12%, to 139 thousand tons. Copper content reached 99.2% with the target of…
Metalmeistars now has the largest optic-fiber laser cutting machine. The unique machine has been made by Bystronic (Switzerland). The price of the machine is around 1 million euro. Its size is 6.25 x 2.5 meters. “Now we can make larger parts. Even though the new machine is larger, it consumes less electricity than the old…
In order to decrease the shadow economy on the scrap market, the income tax of the population has to be decreased from the current 10% to 5% for private entrepreneurs. The Latvian association of waste procurement has voiced this to the Ministry of Finances. At present the higher tax does not allow Latvian companies to…
The state enterprise Lvivugol has concluded 7 agreements on the delivery of pit-props made of fir valued at 25.2 million UAH. The company announced 12 purchases, but only 7 agreements were concluded. The Sokal subsidiary of the forestry enterprise Galselles has received two orders valued at 8.7 million UAH. The company will supply almost 5…