Russian holding Safmar invested about $130 million in construction of the Nezhinsky ore-dressing utility in Belarus, including a mine, an ore-dressing plant, electric power generation, railway, highway, housing and other infrastructure, in January-March, Safmar said. The entire project was estimated at $2 billion and the launch was slated for early 2020. Safmar said that it…
Chelyabinsk Pipe-Rolling Plant, or ChelPipe, has signed a $200-million agreement to sell more than 150,000 tons of large-diameter pipes to Turkmengaz, the company said in a statement on April 8. The pipes will be used in construction of an about 200-kilometer pipeline on the territory of Turkmenistan. The first batch will be shipped in April-June.…
Turkmengeologia State Corporation of Turkmenistan has discovered iron ore deposits at the “Gyzylgaya-V” area of the Chagyl deposit in the Gyzylgaya settlement of the Turkmenbashi district in the country’s Balkan region. The presence of the corresponding components in the iron ore necessary for the production of cement has been confirmed. During the geological exploration work,…
The Russian group of companies MetProm has carried out the first delivery of the main technological equipment to the Tashkent Iron and Steel Works (TMP). The manufacturer of the equipment delivered was the Italian concern Danieli, one of the world’s largest manufacturers of metallurgical equipment. When choosing a supplier, not only the cost of equipment…
Azerbaijan exported another batch of locally produced aluminum sections to Denmark on April 3. Exports were implemented on the basis of the order received by Sumgait Technologies Park (STP), one of the representatives of “Made in Azerbaijan” brand. This is the second batch of aluminum sections exported by Azerbaijan to Denmark. The first order was…
Metalloinvest has signed an agreement with the authorities of the Kursk region and the town of Zheleznogorsk on social and economic partnership in 2019. According to the agreement, the company will invest over 1 billion rubles. “Mikhailovsky GOK is a driver of the regional economy. In 2018 the consolidated budget of the region received over…
In order to expand the mineral and resource base of Kazakhmys Corporation in key regions, Kazakhmys Holding LLC has created a new prospecting company – Kazakhmys Barlau LLC. Galym Nurzhanov has been appointed the company CEO. The task of the company is to provide Kazakhmys with new deposits of copper with the combined reserves of…
Cherepovets Iron and Steel Works has carried out a scheduled repair of its 5000-mill in the sheet-rolling shop. The repair lasted for 6 days. Investment in the project totaled 94 million rubles. The preparation for the repair began in late 2018. (Ukrainian metal)
