An interdepartmental working commission has been established to study the situation at Kum-Bel coal deposit, the Information Support Department of the Cabinet of Ministers reported. “Problems that have arisen at Kum-Bel coal deposit are being studied now. Samples were taken for water analysis. According to the materials of the interdepartmental working group, they will make…
The prices for precious metals varied in Azerbaijan on January 9. The price of gold decreased by 1.581 manats, to 2,179.6805 manats per ounce compared to the price on January 8. The price of silver grew by 0.1311 manats, to 26.5624 manats per ounce. The price of platinum went up by 4.879 manats, to 1,399.0575…
Ukraine has covered the quotas for the delivery of metal products to EU by 55-100%. As of January 7, Ukraine has supplied 2.72 million tons of hot-rolled metal to EU, or 63.734% of the quota. The quota for the cold-rolled metal has been 54.93% fulfilled (724 thousand tons supplied), plates – 60.35% (870 thousand tons),…
In 2018 Ferrexpo increased pellets output by 1.6% YoY, to 10.6 million tons. According to the group statement, in Q4 2018 it produced 2.9 million tons of pellets, up by 7.2% QoQ. This year Ferrexpo expects pellets output on the last year level due to some repairs. Sales in 2018 will amount to 10.2 million…
The prices of precious metals dropped in Azerbaijan on January 8. The price of gold decreased by 9.945 manats, to 2,181.2615 manats per ounce compared to the price on January 7. The price of silver fell by 0.4041 manats, to 26.4313 manats per ounce. The price of palladium went down by 11.6365 manats, to 2,212.8135…
Currently, Kazatomprom JSC develops 14 of 56 explored deposits with balance reserves of uranium, the company reported. Today the company, which is the world’s largest producer of natural uranium, is engaged in mining in the Turkistan, Kyzylorda and Akmola regions. “All uranium products of Kazatomprom are exported. Over the past months of this year, the…
Korea Institute for Rare Metals (KIRAM) and Almalyk Mining and Processing Works will create a joint scientific center on rare metals and alloys. The corresponding agreement has already been signed. The center will comprise 5 laboratories to obtain refractory metals, in particular, tungsten and molybdenum, as well as alloys using nano- and chemical-metallurgical techniques. (Ukrainian…
Last year the prices of industrial manufacturers grew by 19% YoY. According to the Statistics Committee of the Ministry of the National Economy, in particular, coal became 10.7% more expensive and metallic ores – 2.2%. Prices of ferroalloys grew by 24%, of rolled metal – by 15.4%, of aluminum – by 3.8%, and of copper…