Solway Investment Group, owner of he Pobuzhye Ferronickel Plant LLC, intends to increase nickel, copper and other non-ferrous metals output following the growth of demand. Historically the group has been focused on the manufacture of base/non-ferrous metals, the basis of infrastructure, construction and electrification development (copper, aluminum, zinc and nickel). “At present we are one…
In January-June, Chukotka extracted 11.5 tons of gold, up by 6.7% YoY. Chukotskaya Mining and Geological Company extracted the most gold – 5.2 tons, as well as 42.8 tons of silver. Rudnik Valunistiy has extracted 588.1 kg of gold and 5.7 tons of silver, while Mayskoye deposit yielded 2.4 tons of gold. Severnoye Zoloto LLC…
In January-June, Ismail Seaport decreased export transportation of iron ore by 30.2% YoY, to 1.19 million tons. This is the worst half-year result since 2014. Since then, iron ore transportation has been growing each year. In 2019, exports decreased by 13.9%, to 2 million tons, due to the decrease of demand in Europe. At the…
