In January-September, Pobuzhye Ferronickel Plant processed 1.025 million tons of ore, down by 11.6% YoY. This corresponds to 54.573 thousand tons of ferronickel (-15.8%) or 11.7 thousand tons of nickel (-4.6%). The decrease is due to repairs in January-February, which began in 2020. EBITDA amounted to 6.8 million UAH, with profit tax at 2.7 million…
In January-October, Ukraine increased railroad transportation of metal by 6.4% YoY, to 18.1 million tons. In October, compared with October 2020, transportation grew by 1.67 million tons, with exports up by 5.9%, to 1.17 million tons, and domestic transportation – by 6.7%, to 400 thousand tons, while transit dropped by 50.6%, to 56 thousand tons,…
The Aleksandrovskaya 1 LLC miners team has finished the alluvial season in Amur region with the result of 225 kg of gold. The precious metal was extracted at 3 deposits – Dzhalon, Dzhuvaskit and Dep. In annual comparison output dropped by 7% due to long winter and rainy summer, which resulted in the start of…
The State Expertise Service of Russia has approved the construction of a gold-extracting factory at the Teutedzhak deposit in Magadan region. Reserves are estimated at 16.596 tons of gold and 12.2 tons of silver. The size of the ore site is 14.6 square km. The design capacity of the factory will be 1 million tons…
The regional subsidiary of Ukrzaliznytsia – Odessa Railways – has ordered Metinvest-SMC LLC the delivery of rails valued at 35.47 million UAH. This year, the company has to supply 1040 tons of R-65 rails of category 2 with the length of 25 meters produced not earlier than in 2021 at 34,104 UAH per ton. The…
70% of Interpipe employees have been vaccinated. In November-December, the company intends to vaccinate 10% more. Interpipe believes that the herd immunity is the only protection from Covid-19. The company has introduced a special motivation for those who complete vaccination. Each employee with the green certificate receives another for a product network valued at 300…
In January-September, Avdiivka Coke Chemical Works received a net profit of 4.26 billion UAH as opposed to a loss of 381.61 million UAH last year. EBITDA totaled 5.19 billion UAH, up from the loss of 465.38 million UAH. Net income grew by 51.4%, to 18.84 billion UAH. Undistributed profit as of late September amounted to…
In January-October, ArcelorMittal Kriviy Rih increased pig iron manufacture by 13.9% YoY, to 4.57 million tons. Steel output grew by 8.9%, to 4.17 million tons, and rolled metal – by 5.4%, to 3.9 million tons. In October, AMKR produced 400 thousand tons of rolled metal, 410 thousand tons of steel and 405 thousand tons of…