President Gurbanguly Berdymuhamedov has tasked the government with construction of a metal works. Vice Prime Minister on oil and gas complex Myrtgeldy Meredov has noted that large deposits of iron ore have been discovered on the territory of the Balkan region. Berdymuhamedov ordered the government to construct a mining works to process iron ore. (Ukrainian…
Local citizen of Pobugskoye Denis Shevchenko has been appointed CEO of Pobuzhye Ferronickel Plant instead of Oleg Bespalov, who has been chairing the company since 2014 under a 5-year contract. The task of the new CEO is to continue building a modern European-type enterprise taking into account global development principles. Shevchenko worked not only in…
Wimax Ltd., created a year ago, has become owner of the Chasov Yar Refractory Works shares. Shares belonging to the Lukyanovs family (24.573%, 22.901%, 6.654% and 6.509%) have dropped to zero. At the same time the share of Wimaz Ltd. grew from zero to 67.866%. (Ukrainian metal)
Zapolyarnaya mine, a part of Vorkutaugol, was the first to reach its annual coal output plan. So far the mine has extracted 1.68 million tons of coal. At present the mine operates at three long faces. One of them has been commissioned 4 times ahead of schedule. Until the end of the year the enterprise…
In January-September Urtuyskiy pit extracted 2.487 million tons of coal, up by 28.3% YoY. In Q3 839.9 thousand tons of coal were extracted, up by 16.4%. This year the enterprise has started a new investment program aimed at increasing coal output from 2.2 million tons to 3.5 million tons. So far 71.1% of coal has…
OMZ-Spetsstal has finished producing two shells of the steam-generator body for the Tianwan nuclear power plant unit No. 8. The outer diameter of each shell is 4.5 meters, the height is 2.5 and 3.2 meters and the combined weight – 87 tons. The corresponding contract was signed in July. Under the contract OMZ-Spetsstal will produce…
In January-October Ukraine decreased pipe output by 6.5% YoY, to 800 thousand tons, with some 70 thousand tons produced in October. In particular, Ukrtruboprom association enterprises decreased output by 7.5%, to 626.5 thousand tons, including 42.9 thousand tons in October. Interpipe-NTZ manufacture dropped by 19.6%, to 193.2 thousand tons (11 thousand tons in October), Interpipe…
In January-October Ukraine produced 134 million tons of non-sintered iron ore, down by 0.1% YoY. In particular, in October 13.3 million tons of ore were mined, up by 1.2% YoY. At the same time manufacture of non-sintered iron ore concentrate grew by 4.9%, to 52.8 million tons, while of sintered dropped less than by 0.1%,…