Prime Minister Nikol Pashinyan said the operation of the Amulsar gold mine might start in Q4 2020 at the earliest, but that the most likely time frame was the first quarter of 2021. Pashinyan in a live Facebook address urged the residents of nearby settlements to unblock the roads leading to the mine. The Prime…
In January-August Ukraine exported 4.871 million tons of carbon steel semi-finished products, up by 9.9% YoY, valued at $2.044 billion, down by 3.6% YoY. According to the State Fiscal Service, the main buyers were Italy (31.02%), Egypt (15.06%) and Turkey (7.86%). In 8 months Ukraine imported 34.471 thousand tons of semis, up by 20.7% YoY,…
Kolmar could start regular sales of coking coal to India in summer 2020. “We have signed spot contracts with Indian partners. The sales could start in the first quarter of 2020 with the launch of the Vanino port. I believe, next year the exports will become regularly”, Kolmar Group board of directors’ chairwoman Anna Tsivileva…
In June Russia imported 536 tons of tantalum, including scrap, down by 49.6% MoM and by 66% YoY. After a considerable increase in supplies China has decreased them 4-fold, to 51 tons, and Kazakhstan – by 37%, to 485 tons. In 6 months tantalum imports totaled 4.1 thousand tons, down by 41.8% YoY. In monetary…
In January-July the Republic of Buryatia extracted 4.456 million tons of coal, up by 29% YoY. Razrez Tugnuisky contributed the most coal – 2.836 million tons, up by 58%. This year the republic intends to extract 6.2 million tons of coal. (Ukrainian metal)
In January-August Almalyk Mining and Processing Works manufactured 11.2 trillion sums worth of products, up by 8.1% from the target. Exports reached $578.4 million. With the help of a development program the company plans to increase its ore output more than 3-fold, to 100 million tons. Non-ferrous and precious metals output will grow 2-fold, and…
Until 2024 Norilsk Nickel will invest 700 billion rubles in the development of manufacture in the Norilsk industrial district in Krasnoyarsk region. The Sulfur project will receive some 200 billion rubles. The rest will be invested in the modernization of mines and processing factories. The Sulfur project is the project to recycle sulfur dioxide at…
Amurstal hosted a meeting with the delegation of Posco Deawoo. In 2018 a contract was signed for the delivery of 300 thousand tons of steel billets. “The Torex group of companies is selling the billets via two major companies – Samsung and Posco Deawoo. With them we have contracts. In the past two years Amurstal…