The number of employees at Kumtor gold mine has grown by 33%, or by 1,156 people over four years. Since 2017, the enterprise has taken a course to reduce the cost of gold production, including gradually reducing the staff in order to reduce administrative costs. As a result, in 2019, 3,467 people worked at Kumtor:…
First Deputy Prime Minister Roman Sklyar denied the rumors on transfer of ArcelorMittal Temirtau to Severstal, Russia’s largest mining company. Journalists asked Sklyar whether any negotiations were held with Severstal on transfer of ArcelorMittal Temirtau. “That’s not true. There are no negotiations on this issue. Do not believe these rumors,” he said. “The company (ArcelorMittal…
Ukrzaliznytsia asks the government to relieve it of the obligation to sell ferrous metals scrap via the Prozorro system. The company wants to sell scrap by directly concluding agreements with potential customers. At present Ukrzaliznytsia is obliged to announce tenders in Prozorro to sell scrap under closed trades, where the main criterion is the highest…
A court has satisfied a claim of the State Bureau of Investigations on the confiscation and transferring metal products valued at 3 million UAH produced by the Russian Cyberstal to the Asset Recovery and Management Agency (ARMA). The metal products were stored at the Ukrainian customs warehouses before the large-scale invasion. The customer was a…
Severniy Mining and Processing Works ore-processing factory No. 1 has developed a manufacturing chain to produce iron ore concentrate with the iron content of 68% from the Pershotravneviy Quarry ore. Thanks to the project, the enterprise improved pellets quality and obtained an opportunity to enter new iron ore raw materials sales markets. Both stages of…
For the first time since the launch of the Russian large-scale invasion, three ships with Ukrainian metal and mining products have broken the sea blockade. The Primus, Anna Tereza and Ocean Courtesy ships have left the ports of Odesa and Pivdenniy where they have been blocked since February 24, 2022. The ships carry products of…
Turkish company Liepaja Steel decided not to resume metal manufacture in Liepaja. 2 years ago, the company bought the electric arc furnace of the bankrupt Liepājas metalurgs, but was unable to resume manufacture due to disagreements with the Liepaja city council and the Special Economic Zone authorities. Now the company intends to relocate the furnace…
In January-August, Zaporozhkoks increased blast furnace coke manufacture by 22% YoY, to 572.3 thousand tons. In August, output grew by 2%, to 72.4 thousand tons. Last year, Zaporozhkoks decreased blast furnace coke manufacture by 11.9% YoY, to 737.4 thousand tons. (Ukrainian metal)