A Memorandum of Understanding (MoU) has been signed between the Ministry of Ecology and Natural Resources of Azerbaijan and AzerGold CJSC. The MoU covers the expansion and optimization of cooperation within the framework of new parameters, support for scientific and technological development, contribution to the improvement of the legislative framework in the field of geological…
The resident of the South Yakutia territory of advanced development – the TFM-Yakutia company – has leased some machinery to another resident – Kolmar. This will help the company increase coal output by 1 million tons per year. Kolmar needs the special machinery to mine and transport coking coal, as well as carry out construction…
In January-August Kazakhstan exported 1.25 million tons of rolled steel and pipes to Russia, up by 6.8% YoY. Non-alloyed flat rolled metal accounts for some 90% of the exports, of which plate steel – 58% and coated rolled metal – 29%, all up by 9.3%, 10.2% and 0.2% YoY respectively. Steel pipe deliveries grew by…
Metinvest has created a new enterprise – Metinvest Digital LLC. The company will be responsible for all the IT-related tasks for the Metinvest group. It is also planned to create expertise on new digital solutions and improve project starts. Sergey Detyuk has been appointed the CEO of the new company. All the staff of the…
An ArcelorMittal Kriviy Rih employee was injured while transporting rock. The locomotive brigade – the train driver and his assistant – were transporting the rock from the quarry. According to the official information, the assistant jumped out of the moving train and thus was injured – he broke his left arm. AMKR employees in social…
In January-September Kamchatka sold 16 thousand tons of coal, down by 12.5% YoY. Only one company in the region is mining coal – Palana-ugol LLC. The company is developing the Palana deposits. Last year Palana-ugol sold 20 thousand tons of coal. This year the sales are expected at the same level. The company has been…
The processing factory of the Alexandrinskaya Mining and Ore Company in Chelyabinsk region has started preparing foundation for a new filter-press of copper processing cycle. The hydraulic filter-press of the new generation will allow decreasing the moisture of the copper concentrate from 12% to 8%. Investments in the project will exceed 60 million rubles. Over…
The city of Kurgan is selling an enterprise producing door accessories and ornamental wares of metal – the Non-Ferrous Castings Works. The starting price of the whole complex is 500 million rubles. The shop premises, warehouses, land plots, special and industrial machinery, gas pipelines, shafts, transformer power plants, etc. will be sold. The total size…