Yuzhkuzbassugol of Raspadskaya Coal Company has received its first Komatsu D115A bulldozer. The new machine will be used to transport large volumes of coal at the warehouses, as well as to clean industrial sites. The bulldozer is twice as efficient as its predecessors, while its fuel usage is 20-30% lower. (Ukrainian metal)
In 2019, Sverdlovsk region extracted 6045 kg of gold. Zoloto Severnogo Urala extracted 3293.5 kg of gold, UGMK – 879.97 kg, Neiva Miners’ Team – 697.9 kg of alluvial gold, Berezovsky Mine LLC – 656.1 kg and Bashkirskaya Gold-Extracting Company – 689.2 kg. Most of the companies decreased output due to the lower gold content…
Zaporozhye Titanium and Magnesium Works has started producing multiple-use facemasks at its sewing site of the household shop. “We have temporarily switched one of our parts to produce masks. The manufacture will run while there is a demand. The masks will be granted to Zaporozhye healthcare institutions”, the company CEO Vladimir Sivak said. ZTMK has…
On April 1, Kremenchuk Steel Works will shut down its manufacture. Some employment contracts, ending on April 1, will not be prolonged. “Around 1,000 employees will become redundant”, the company noted. Other employees will be sent on vacation and will be paid two thirds of their salary. The reasons for the shut down of the…
Due to increased volatility on global markets associated with the COVID-19 outbreak, NLMK Group is withdrawing its previously issued guidance on 2020 capex program of $1.1-1.2 billion for a downward revision. Commencement of certain expansion projects could be postponed. At the same time, the company is proceeding with its major overhauls at NLMK Lipetsk primary…
The state enterprise Vostochniy Mining and Processing Works has concluded an agreement with Sota Ukraine LLC for the delivery of railroad rails valued at 2.6 million UAH. The company will supply R24 rails at 54 thousand UAH per ton and R24 rails at 36938 UAH per ton. A month ago such rails were 30% cheaper.…
Interpipe notes a possible decrease in output in April-September by 30-50% due to the drop of oil prices, the decrease of main oil and gas pipes consumers’ activities and the COVID-19 pandemic. “We have several scenarios of operation in Q2-3. According to our estimates, the drop in output could be 30% to 50%”, the company…
The Cabinet of Ministers intends to envisage additional UAH 1.6 billion in a draft law on amendments to the 2020 state budget regarding the financing of the coal industry, MP Oleksiy Honcharuk posted a relevant draft document on his Telegram channel. According to the document, the government intends to invest UAH 3.563 billion to restructure…