Metalloinvest has continued implementing its project to modernize Pellet Plant No. 3 (PP-3) at Mikhailovsky GOK. The first stage of modernization was carried out on PP-3’s operational design in order to increase the efficiency of pellet production from mixes of iron ore concentrates from Mikhailovsky GOK and Lebedinsky GOK. As a result, PP-3’s productivity grew…
Russian gold producer Polymetal International has consolidated 100% the Nezhdaninskoye in gold ore deposit, after buying an 82.3% stake from companies owned by businessman Ivan Kulakov, Polymetal said in a report on November 29. The purchase encompassed two deals: the acquisition of 7% for $8 million in cash under a deal announced on July 17,…
NLMK-Kaluga has set a new manufacturing record – 166 smeltings with one ladle. Measures to increase the number of smeltings, together with other projects to improve manufacturing efficiency, allowed the company saving over 450 million rubles in Q3. The smelting record was set in November. The time of continuous casting was 115 hours. The total…
Kyshtym Electrolytic Copper Plant has mastered the shipping and transportation of goods to the seaports of St. Petersburg and Novorossiysk using container train. Previously the company shipped cargo via railroad using groups of containers. The container train is faster (900 km per day instead of 500 km per day), as it heads directly to the…
Since the start of the year Seligdar has produced 5512 kg of gold, up by 27.7%, or by 11194 kg YoY. In July for the first time the company produced over 1000 kg of gold in one month. The increase in output is the result of investments in increasing manufacturing capacities. In July 2017 Seligdar…
Yakutugol is commissioning two filter-presses and three pumps at the Neryungrinskaya processing factory. Investments exceed 37 million rubles. Each press can process 24 tons of coal mass per hour. The company plans to buy 5 more pumps shortly. (Ukrainian metal)
Cherepovets Iron and Steel Works has finished the capital repair of the continuous picking machine No. 3. The repair lasted for 5 days. Investments totaled 17 million rubles. The continuous picking machine No. 3 processes some 50% of the plants metal. (Ukrainian metal)
ArcelorMittal Kirviy Rih says the company is operating in normal mode and all the manufacturing processes are stable. “Managers of the supply, manufacture, railroad, automobile and marine logistics departments confirm stable operation. The railroad and automobile services are working normally, and so is our own cargo terminal “Nikmet-Terminal” in the Nikolayev Sea Trade Port, from…