In June Russia exported 12.7 thousand tons of zinc ore and concentrate, down by 41.1% MoM and by 67.8% YoY. In particular, China bought 4.6 thousand tons, down by 69% MoM. Sales to Korea dropped by 33%, to 3 thousand tons. Kazakhstan imported 5.1 thousand tons of zinc ore, up 2.5-fold YoY. In H1 zinc…
In June Russia imported 3 thousand tons of aluminum scrap and waste, up by 24.2% MoM, but down by 22.3% YoY. Imports from Kazakhstan remained at 1.6 thousand tons, but from USA grew 3.5-fold, to 1 thousand tons. In H1 Russia imported 14.4 thousand tons of aluminum scrap, down by 27.7% YoY. In monetary terms…
In June Russia exported 41.6 thousand tons of lead ore and concentrate, up by 108.2% MoM and by 176.6% YoY. Exports to China grew 2-fold, to 98%. In H1 Russia exported 191 thousand tons of lead ore, up by 28.2% YoY. In monetary terms exports have grown by 11.2%. Export prices have been falling for…
Lebedinsky Mining and Processing Works, a part of Metalloinvest, has produced the 40-millionth ton of hot-briquetted iron. It took the plant 20 years to reach the milestone. Metalloinvest occupies over 50% of the global HBI market. In 2018 it sold 4.5 million tons of the product. (Ukrainian metal)
In July Korshunovsky Mining and Processing Works increased iron ore concentrate output by 15% MoM, to 228 thousand tons. The products were shipped to Chelyabinsk Iron and Steel Works. Ore output grew by 58%. (Ukrainian metal)
Revda Non-Ferrous Metals Processing Works is carrying out a project to assemble a new horizontal hydraulic press. The machinery was produced by SMS Group, Germany. The press will produce rods and pipes of copper alloys as well as pressed copper tyres with the width of up to 220 mm. The new press will provide the…
The VSMPO-Avisma board of directors recommends paying dividends for January-June in the amount of 884.6 rubles per ordinary share. The register to receive dividends will be closed on October 11. The total amount to be spent on dividends will be 10.199 billion rubles. For H1 2018 the corporation paid 756 rubles per share (8.7 billion…
This year Russian Copper Company will invest some $760 million in mining in Russia and Kazakhstan. According to the group mining director Alexei Gordeyev, the growth of investments compared to 2018 will be 13%, not counting the purchase of Malomyzh deposit in Khabarovsk region. Other main projects this year include construction of Tominsky mining and…