Government of Kyrgyzstan is interested in the operation of Kumtor, the President Sooronbai Jeenbekov told at a press conference. He noted that Kumtor took an important place in the country’s economy. “We, of course, are not afraid to sue, denounce and raise the issue of the nationalization of Kumtor. But this is not a solution.…
Manson Group Company has won the competition to create a joint venture on the basis of the branch of Makmalzoloto industrial combine, press service of Kyrgyzaltyn OJSC reported. According to it, applications were submitted by three companies – Manson Group, Shynkykiyuan Frunze and Central Asian Metallcom companies. All of them suggested creating a joint venture…
The Verkhovna Rada has adopted the law “On amendments to some bills of Ukraine on creating conditions to provide state support to coal industry”. The bill No. 9049 was supported by 230 members of the parliament. The law extends till January 1, 2022 the prohibition of the arrest of state coal enterprises accounts. This is…
Billets intended for the construction of the second unit of the Akkuyu Nuclear Power Plant (Turkey) were accepted at Energomashspetsstal. The company is the chief supplier of billets of the NPP main machinery. The billets were inspected on December 10 to 13. This year EMSS has shipped 1408 tons of products to Turkey. Now the…
In November-December under the program to modernize its transport fleet Mechel received some 150 open cars valued at 467 million rubles. The main suppliers were Altaivagon and Ruzkhimmash. The cars were both purchased and leased, At present Mechel-Trans operates some 11 thousand pieces of rolling stock. Next year it plans to buy 1 thousand open…
The South-Caucasus Railroad and GPMGold have signed an agreement to organize gold-bearing ore transportation from the Sotskoye deposit to Ararat Gold-Extracting Factory. According to the document, the volume of ore to be transported over 269 km is 1.5 million tons, up by 10% YoY. Last year 1.18 million tons of ore were transported. Since 2008…
On December 14 the state enterprise Lvivugol completely cleared its salary debts to miners for October. The enterprise received payment for coal sales, which was spent to clear the debt. The amount of salary to be paid for October was 147 million UAH. (Ukrainian metal)
Since the start of its operations in December 2013, Severstal-SMC-Vsevolozhsk has processed over 300 thousand tons of metal. The mini-CTL since the start of the year has produced 1.5 million billets, while the laser-welding site manufactured 1 million billets. Cherepovets Iron and Steel Works is the main supplier of rolled metal for processing at Severstal-SMC-Vsevolozhsk.…
