Russia: NLMK Group opens R&D center for product innovation

NLMK Group, a global steel company, has opened a laboratory center in Lipetsk for microstructure analysis, which will analyze the properties of steel to develop new premium products and optimize metal processing techniques. The center is equipped with the latest high-precision measuring equipment. Several dozen unique devices enable more than a thousand types of microscopy…

Russia: Pravourminskoye slips to losses in 2019

In 2019, Pravourminskoye LLC, developing the tin deposit of the same name, received 82.9 million rubles of net losses as opposed to a net profit of 60.4 million rubles in 2018. The company produced 2146.8 tons of tin concentrate and sold 2183.3 tons. Sales revenue grew by 22.7%, to 1.405 billion rubles. Sales profit decreased…