At the end of 2018, ArcelorMittal Kriviy Rih was one of the plants with the lowest frequency rate (0.38) among all ArcelorMittal’s assets in 14 countries (the third place). Benchmarking was done among the companies with the highest number of man-hours worked – over 16 million. Moreover, ArcelorMittal Kriviy Rih has the lowest frequency rate…
ArcelorMittal Kriviy Rih introduced three investment projects at public hearings, which are construction of a new LFCC-2 and 3 and coke oven gas pipeline, as well as the reconstruction of the LSM 250-4. Particularly, reports on environment impact assessment as a result of project implementation as well as further operation of new and reconstructed facilities…
Precious metal prices varied in Azerbaijan. The price of gold increased by 16.5325 manats, to 2,233.4705 manats per ounce on January 30 compared to the price on January 29. The price of silver dropped by 0.3547 manats, to 27.1283 manats per ounce. The price of platinum fell by 4.3945 manats, to 1,389.92 manats. And the…
The Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev proposes to create a state-owned mining company. According to the head of government, the state-owned company can be opened on the basis of Kyrgyzaltyn OJSC. “Kyrgyzaltyn hardly works. The company, owning many fields, gave its share to others and as a result remained with Makmal alone. If there…
It is necessary to change the tax rates in the mining industry, the President of Kyrgyzstan Sooronbai Jeenbekov said at a meeting of the Security Council on Measures to Ensure Security in Subsoil Use Sphere in the Kyrgyz Republic. The head of state noted that taxes in the mining industry ranged from 15% to 50%…
In January-September 2018 Kazakhstan exported 14.2 thousand tons of uranium valued at $699.1 million, down by 18.8% and by 17% YoY respectively. China accounted for 57% of exports – 8 thousand tons valued at $422.6 million. Canada imported 2.6 thousand tons at $108.2 million (18.2%) and Russia – 2.4 thousand tons at $113.6 million (16.6%).…
In 2019 Metinvest intends to transport over 74.2 million tons of cargo via railroad. In particular, the group plans to transport 12.5 million tons of ready-made products, 38 million tons of iron ore raw materials, 6.7 million tons of limestone, 11.1 million tons of coal and 3.7 million tons of coke and by-products. In 2018…
In 2018 Izhstal increased rolled metal output by 13% YoY, to 561 thousand tons. The primary mill-850 saw the biggest increase – by 31%, while the mill-450 – by 17% due to the growth in output of round bars with the diameter of 120 to 180 mm, and the mill-300 – by 27%. The manufacture…