RG Gold LLC has started constructing a mining complex in Akmola region. The company intends to invest over 160 billion tenge in the project. The capacity of a new gold-extracting factory will be 5 million tons of ore per year. The construction will be completed until Q4 2022. (Ukrainian metal)
Interpipe has concluded an agreement with Ukrgazbank to borrow 37 million euros. The loan will amount to 30 million euros for 5 years, while the renewable loan of 7 million will be provided for 3 years. “Intrepipe has attracted the first loan after the restructure of its debt in October 2019. The loan is intended…
In January-October, Zaporozhkoks saved over 12 million UAH due to the implementation of energy saving measures. At the same time, blast furnace coke output remained unchanged at 712 thousand tons. In particular, the modernization of coke-oven batteries allowed saving 415 thousand cubic meters of gas, or 2.6 million UAH. Last year, coke output grew by…
As of December 1, Magadan region has yielded 46.6 tons of gold and 532.7 tons of silver. Gold output grew by 2.9 tons YoY, while silver dropped by 79.9 tons. Ore gold accounted for 28.1 tons and alluvial – 18.5 tons. (Ukrainian metal)
According to UAVtormet, scrap procurement in Ukraine in 2020 will amount to 2.8 million tons. In 2019, procurement reached 3.36 million tons. In January-November, Ukraine procured 2.768 million tons of scrap. 2.603 million tons were supplied to domestic market and 33 thousand tons were exported. (Ukrainian metal)
In January-November, Interpipe decreased steel output by 12.6% YoY, to 696.9 thousand tons. Pipes manufacture dropped by 23.3%, to 425.6 thousand tons, and railroad products – by 7.5%, to 174 thousand tons. In November, the company produced 55.6 thousand tons of steel, 37.5 thousand tons of pipes and 13 thousand tons of railroad products. Sales…
This year, Ingulets Mining and Processing Works has invested $67.4 million in modernization of manufacture. Among the major projects was the replacement of 40 pumps at the ore-processing factory No. 1, repair of processing and crushing machinery as well as conveyer transport. InGOK has also purchased two drilling rigs, a new EKG-12K excavator, a crusher…
In January-November, ArcelorMittal Kriviy Rih produced 4.1 million tons of rolled metal, down by 3.7% YoY. Steel output dropped by 14.1%, to 4.24 million tons, pig iron – by 8.8%, to 4.47 million tons, and sinter – by 9.9%, to 8.2 million tons. In November, the company produced 380 thousand tons of rolled metal, 415…