Ukraine: occupants flood two mines in Lugansk region

The occupational administration of Russia has liquidated two mines – Novopavlovskaya and Miusinskaya – by way of flooding. “These mines were situated in the town of Khrustalniy (previously called Krasniy Luch). Until 2014 they were a part of the state enterprise Donbassantrazit”, the Verkhovanay Rada human rights ombudsman in Donetsk and Lugansk regions Pavel Lysyanskiy…

Russia: Electrostal to increase sales

This year, Electrostal intends to increase the number of its subsidiaries – now it has eight. “We prepare the ninth. Sales are expected to increase by 20%. We try to make sure that prices in our subsidiaries are 20-30% below market prices. This is achievable, as we are working without middlemen”, the company CEO Nikolay…

Russia: KZOTsM entered into conscientious exporters registry

Kirov Non-Ferrous metals Processing Works has successfully passed the inspection in the “Made in Russia” system of voluntary certification. The company has received official documents Russian Exporter and Made in Russia and has been added to the Registry of conscientious exporters, which makes it more recognizable on foreign markets. Before issuing certificates, the experts of…

Russia: bailiffs shut down EMZ

Bailiffs of the Krasnoyarsk region have suspended the operation of Yeniseiskiy Iron and Steel Works based on the court ruling. The manufacturing object is situated on the territory of Krasnoyarsk Iron and Steel Works. EMZ produces steel of various grades, alloys and ready-made steel components. The bailiffs halted the operation of the enterprise by shutting…

Russia: raw tin imports down in January 2020

In January, Russia imported 61.9 tons of raw tin, down by 44% MoM and by 26% YoY. Price remained unchanged – $18.4 per kg. Deliveries from Belgium grew 2-fold, to 40 tons, while from Bolivia dropped 2-fold, to 20.5 tons. Malaysia and Peru stopped supplying tin to Russia. In 2019, imports totaled 1.2 thousand tons,…

Russia: gold output up in 2019

In 2019, Russia extracted 367.952 tons of gold, up by 12% YoY. 286.563 tons accounted for extracted gold, up by 9.5%. Auxiliary gold totaled 18.134 tons, up by 17.4%. And the rest accounted for gold-containing concentrates and secondary precious metal. Polyus provided almost a quarter of all ore gold – 88.36 tons, up by 16.4%.…