In January-November, Ukraine decreased exports of titanium-containing ores and concentrate by 42.2% YoY, to 6.394 thousand tons. According to the State Customs Service, revenue fell by 44.1%, to $10.328 million. The main customers were Turkiye (62.01% in monetary terms), Poland (7.82%) and Egypt (6.83%). Over 11 months, Ukraine imported 231 tons of titanium ore for…
In January-November, Almalyk Mining and Processing Works increased output. In particular, ore extraction exceeded target by 5.5%. Copper processing increased by 1.9% from the target. Manufacture of cathode copper from own raw materials increased by 5.9% and zinc by 18.1%. (Ukrainian metal)
Kazakhstan is implementing new measures in mining and geological exploration to enhance transparency in the mining sector. A meeting has been held between the President of Kazakhstan Kassym-Jomart Tokayev and the Chairperson of the Extractive Industries Transparency Initiative (EITI) Helen Clark. During the conversation, Kassym-Jomart Tokayev emphasized that since joining the organization in 2007, Kazakhstan…
In January-November, Ukraine decreased ferroalloys exports 4.7-fold YoY, to 72.446 thousand tons. According to the State Customs Service, revenue decreased 3.5-fold, to $83.97 million. Ferroalloys were exported to Poland (26.97% in monetary terms), Turkiye (22.72%) and Italy (18.37%). Over 11 months, Ukraine imported 79.299 thousand tons of ferroalloys valued at $134.88 million, up from 7.819…
The auctions to sell arrested iron ore, stored in the port of Pivdenniy, were not held again. Two batches of the arrested ore were put up for sale at a price twice lower than during the first auctions. The first batch of iron ore with the weight of 41989 tons, for which the price at…
Centravis has received an order for seamless pipes for a new plant to produce hydrogen in Ulsan, South Korea. The volume of delivery is 15 tons. A client has ordered pipes for furnaces. This is not the first order for hydrogen projects in Centravis’ portfolio. In particular, the company participated in the project to produce…
The ArcelorMittal Steel Plant in Hunedoara announced it decided to reduce its activity from December 9 until the end of 2024 as a consequence of the lack of orders during this period. The company will pay 75% of the wages to its 600 employees. The company’s losses more than doubled to RON 80 million (EUR…
The U.S. Treasury Department’s decision to impose sanctions on Gazprombank poses a potential major challenge to Uzbekistan’s growing mining industry, which has relied on the Russian bank for financing the expansion of the $4.8-billion copper mine project, expected to nearly double the country’s copper production. With Gazprombank now excluded from the international payment system, Uzbekistan…
