“Urgent measures are needed to reform the system of state administration in the mining industry,” Eldar Tadzhibaev, Chairman of the Central Committee of the Mining and Metallurgical Trade Union, has said. According to him, the trade union, the Association of Subsoil Users and other business associations receive requests from subsoil users in connection with the…
In December 2022, Ukraine increased ferroalloys exports by 1.1% MoM, to 30.8 thousand tons. According to the State Customs Service, in monetary terms exports have decreased by 6.4%, to $31.9 million. In annual comparison exports dropped by 44.5% and by 72.3% respectively. Last year, Ukraine exported 349.6 thousand tons of ferroalloys, down by 47.7%. Revenue…
In January-September 2022, Interpipe decreased steel manufacture by 36.3% YoY, to 463 thousand tons. Pipes output dropped by 30.2%, to 309 thousand tons, and railroad products – by 49.6%, to 64 thousand tons. In Q3 2022, the company produced 177 thousand tons of steel (+43.9% QoQ), 105 thousand tons of pipes (-4.5%) and 24 thousand…
Centravis Ltd., a part of Centravis Production Ukraine, is creating a holding company Top Groups in Switzerland. The board of directors will also be located there. “In the last day of 2022, the Swiss authorities granted us the right to create the holding company and allowed placing our board in Lugano,” Centravis CEO Yuri Atanasov…
This year, Pokrovsk Mining and Processing Works plans to produce as much as in 2022. According to the technical director Victor Bondarets, the enterprise is idle now and will remain like this until at least April 1 due to the shortage of electricity. “We will resume operation from April 1, when the heating season ends,”…
Since the beginning of the Russian invasion, Metinvest has provided the Armed Forces of Ukraine with almost 1 million liters of fuel and 312 various machines. At first special machinery was supplied – trucks, bulldozers ad excavators. They were used in the construction of defence lines. Then Metinvest organized delivery of cars from abroad. They…
The government of Azerbaijan forecasts gold output at the level of 3.104 tons in 2023. In 2024, the output is expected to grow to 3.1235 tons, in 2025 – to 3.1415 tons and in 2026 – to 3.1545 tons. Thus, in 2026 gold output will grow by 1.6% from the 2023 level. In January-November 2022,…
The Ministry of Justice has received information that Rusal supplies aluminum products to the enterprises of the Russian military complex involved in the development and manufacture of military machines, weapons and ammunition to the armed forces of the terrorist-state. Rusal is owned by the Russian oligarch Oleg Deripaska. Most of the aluminum products are made…